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Quote by Timothy Geithner
There is a basic lesson on financial crises that governments tend

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

Other quotes by Timothy Geithner

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

Category:
finance
Author
Timothy Geithner
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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
Author
Timothy Geithner
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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
Author
Timothy Geithner
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Other Quotes from
Money
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It has been said that the love of money is the root of all evil. The want of money is so quite as truly. – Samuel Butler

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Why are people unemployed? Because there is no work. Why is there no work? Because people are not buying products and services. Why are people not buying products and services? Because they have no money. Why do people have no money? Because they are unemployed. – Craig Bruce

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I felt that I had worked hard my entire life and deserved to enjoy all the temptations around me. I felt I was entitled, and thanks to money and fame, I didnt have to go far to find them. – Tiger Woods

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If we think we have ours and dont owe any time or money or effort to help those left behind, then we are a part of the problem rather than the solution to the fraying social fabric that threatens all Americans. – Marian Wright Edelman

Category:
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