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Quote by Timothy Geithner
This crisis exposed very significant problems in the financial sys

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

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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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
Author
Timothy Geithner
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You make knowledge relevant to life and you make it important for children to learn things that will really relate to things going on in their lives, and not abstract. – Talib Kweli

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Humans may or may not have cosmic significance, and if they do, it will be by hitching a ride on the objective centrality of knowledge in the cosmic scheme of things. – David Deutsch

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When you know a thing, to hold that you know it, and when you do not know a thing, to allow that you do not know it – this is knowledge. – Confucius

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In a country with an overabundance of food, no one should go hungry because of a lack of funds or technical and professional knowledge. We have the food, and we have the networks we now need to support the providers. – Jose Serrano

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