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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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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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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Other Quotes from
finance
category

Our incomes are like our shoes if too small, they gall and pinch us but if too large, they cause us to stumble and to trip. – John Locke

Category:
finance

Well, first let me say that I think health care reform is important. It has to be a priority. And our system is broken. The Finance Committee bill is the best effort yet, due in large measure to the efforts of my colleague, Olympia Snowe, but its not there yet. It falls short. – Susan Collins

Category:
finance

I understand that finance can be very complex. – Kevin Harrington

Category:
finance

The job of the Central Bank is to worry. – Alice Rivlin

Category:
finance

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Remember upon the conduct of each depends the fate of all. – Alexander the Great

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