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

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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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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Other Quotes from
finance
category

The FHAs success provides strong evidence that government can and should play a role in the nations mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it. – Mark Zandi

Category:
finance

The more anxious, isolated and time-deprived we are, the more likely we are to turn to paid personal services. To finance these extra services, we work longer hours. This leaves less time to spend with family, friends and neighbors we become less likely to call on them for help, and they on us. – Arlie Russell Hochschild

Category:
finance

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. – John Kenneth Galbraith

Category:
finance

At this point, I dont get hired a lot because people dont think I could finance a movie. – Martha Plimpton

Category:
finance

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Category:
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