Quote #253,194
"From the beginning of time, we've had financial crises. People always blame the banks and for good r..." — Henry Paulson
From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root causes, they're almost always failed government policies.
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View AllI've got to say our banking system is a safe and a sound one. And since the days when we've had federal deposit insurance in place, we haven't had a depositor who's got less than $100,000 in an account lose a penny. So the American people can be very, very confident about their accounts in our banking system.— Henry Paulson