For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
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"For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system." — Henry Paulson #moneywealth #successachievement
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For market discipline to constrain risk effectively, financial institutions must be allowed to…
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For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system. — Henry Paulson
About Henry Paulson
Henry Paulson was a Public Servant from United States (1946–present).
Frequently Asked Questions
Who said "For market discipline to constrain risk effectively, financial institutions mus…"?
This quote is attributed to Henry Paulson, a Public Servant from United States.
When did Henry Paulson live?
Henry Paulson lived from 1946 – present.
What is this quote about?
This quote touches on Money & Wealth, Success & Achievement. Browse more quotes on these themes from the categories page.