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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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Money
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In the seventies, a group of American artists seized the means not of production but of reproduction. They tore apart visual culture at a time of no money, no market, and no one paying attention except other artists. Vietnam and Watergate had happened everything in America was being questioned. – Jerry Saltz

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If I had been on Bowling for Dollars, Id wind up owing them money. – Ricki Lake

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We pay for the mistakes of our ancestors, and it seems only fair that they should leave us the money to pay with. – Don Marquis

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You can be young without money but you cant be old without it. – Tennessee Williams

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Spring is beautiful, and smells sweet. Spring is when you shake the curtains, and pound on the rugs, and take off your long underwear, and wash in all the corners. – Virginia Cary Hudson, “Spring,” O Ye Jigs & Juleps!, 1962

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