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

It is usually people in the money business, finance, and international trade that are really rich. – Robin Leach

Category:
finance

Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this countrys taxpayers now own the largest purveyor of sharia-compliant insurance products in the world: AIG. – Frank Gaffney

Category:
finance

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. – John Kenneth Galbraith

Category:
finance

Finance, like time, devours its own children. – Honore de Balzac

Category:
finance

Random Quotes

The process of maturing is an art to be learned, an effort to be sustained. By the age of fifty you have made yourself what you are, and if it is good, it is better than your youth. – Marya Mannes, More in Anger, 1958

Category:
Age

The sweltering summer of the Negros legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. – Martin Luther King, Jr.

Category:
Equality

We shall defend our island, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills we shall never surrender. – Winston Churchill

Category:
War

There are three faithful friends – an old wife, an old dog, and ready money. – Benjamin Franklin

Category:
Money