Henry Paulson Capital Quotations

Weakness in the capital markets, compounded by an erosion of corporate and investor confidence, has depressed activity in a number of our most important businesses, ... While we have seen some encouraging economic data of late, the current environment remains very challenging.

We are taking this step to secure permanent capital to grow; to share ownership broadly among our employees now and through future compensation; and to permit us to use publicly traded securities to finance strategic acquisitions that we may elect to make in the future.

Today we affirm our commitment to lower Manhattan and the City of the New York, the financial capital of the world,

Wit Capital has pioneered the integration of the Internet and the capital markets, and both investors and corporate issuers are benefiting as a result, ... We believe that Wit Capital is both an attractive investment for Goldman Sachs and an important part of our ongoing commitment to supporting the Internet and other new technologies in our business.

As I talk with the Chinese on currency, I encourage them to move much more quickly with opening up their capital markets to competition, because I don't believe the world is going to give them as much time as they would like.

Illiquid asset purchases are all about capital and encouraging private capital to come in.