“There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.Quote by Timothy GeithnerTopics: Quotes about Timothy GeithnerShare on:FacebookPinterestWhatsApp
We will not support returning Fannie and Freddie to the role they played before conservatorship,...#Timothy Geithner
We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable...#Timothy Geithner
The substantial uncertainty about the path of asset price movements going forward necessarily reduces the...#Timothy Geithner
This crisis is not simply a more severe version of the usual business cycle recession,...#Timothy Geithner
The recognition that things that are not sustainable will eventually come to an end does...#Timothy Geithner
The choice is between which mistake is easier to correct: underdoing it or overdoing it.#Timothy Geithner
This crisis exposed very significant problems in the financial systems of the United States and...#Timothy Geithner
