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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

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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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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Other Quotes from
Money
category

Its rather naive, apart from being ethically objectionable, to assume that our investigators travel around the country with bags of money trying to bribe witnesses to lie on the witness stand. We just dont operate that way. – Jim Garrison

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Money

I saw Deep Purple live once and I paid money for it and I thought, Geez, this is ridiculous. You just see through all that sort of stuff. I never liked those Deep Purples or those sort of things. I always hated it. I always thought it was a poor mans Led Zeppelin. – Angus Young

Category:
Money

Those who believe money can do everything are frequently prepared to do everything for money. – Author Unknown

Category:
Money

London changes because of money. Its real estate. If they can build some offices or expensive apartments they will, its money that changes everything in a city. – David Bailey

Category:
Money

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Fashion should not be expected to serve in the stead of courage or character. – Loretta Young

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And I do believe that the way to change a society, to uplift people – not just their spirit, but to uplift their society and economic base – is through education. – Rainn Wilson

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Love is a canvas furnished by Nature and embroidered by imagination. – Voltaire

Category:
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Fanatics do not have faith – they have belief. With faith you let go. You trust. Whereas with belief you cling. – Yann Martel

Category:
Faith