Quote by Timothy Geithner
I personally believe that theres going to be a good case for the g

I personally believe that theres going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think theres going to be a good case for that. – Timothy Geithner

Other quotes by Timothy Geithner

This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk. – Timothy Geithner

Category:
Knowledge
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Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, its better to prepare for war or instability. – Timothy Geithner

Category:
Peace
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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. – Timothy Geithner

Category:
Money
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Other Quotes from
finance
category

My real adversary has no name, no face, no party. It will never be elected, yet it governs – the adversary is the world of finance. – Francois Hollande

Category:
finance

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high. – Mariano Rajoy

Category:
finance

If you go back to the time of J.P. Morgan, the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations, governments, and to extremely wealthy individuals. – Ron Chernow

Category:
finance

What we now call finance is, I hold, an intellectual perversion of what began as warm human love. – Robert Graves

Category:
finance

Random Quotes

In the United States theres a Puritan ethic and a mythology of success. He who is successful is good. In Latin countries, in Catholic countries, a successful person is a sinner. – Umberto Eco

Category:
Success

If there is something I would like to do as President of the General Assembly, it is to place more emphasis on the issue of education, which enables a better life for women. – Harri Holkeri

Category:
Education

I believe in God, only I spell it Nature. – Frank Lloyd Wright

Category:
Nature

I learned something from that. If someone asks me something that I really dont want to do, I say no. I have to trust that. And Im not afraid to talk money. – Diana Ross

Category:
Trust