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

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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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

We had a booming stock market in 1929 and then went into the worlds greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different. – Jeffrey Sachs

Category:
finance

I delivered lectures, and I was also a consultant for international companies in finance, both private equity and big venture capital funds. – Ehud Barak

Category:
finance

Under capitalism, man exploits man. Under communism, its just the opposite. – John Kenneth Galbraith

Category:
finance

I have a lot of trouble understanding all the detail of finance and administration – but if you combine intellectual and professional capacity with a social conscience, you can change things: countries, structures, economic models, colonial states. – Evo Morales

Category:
finance

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