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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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Other Quotes from
Knowledge
category

The channels of intuitive knowledge are opened according to the intensity of individual need. – Jane Roberts

Category:
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We can be knowledgable with other mens knowledge but we cannot be wise with other mens wisdom. – Michel de Montaigne

Category:
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Human knowledge has been changing from the word go and people in certain respects behave more rationally than they did when they didnt have it. They spend less time doing rain dances and more time seeding clouds. – Herbert Simon

Category:
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I had a traditional interview based on a phone call from an agent. He says theres a show and they would like to see you and its called Dallas. With very little knowledge I go over to this meeting at Warner Brothers. – Steve Kanaly

Category:
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With the past, I have nothing to do; nor with the future. I live now. – Ralph Waldo Emerson

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To be immortal is commonplace except for man, all creatures are immortal, for they are ignorant of death what is divine, terrible, incomprehensible, is to know that one is immortal. – Jorge Luis Borges

Category:
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Nothing is secure but life, transition, the energizing spirit. – Ralph Waldo Emerson

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It aint often that a mans reputation outlasts his money. – Josh Billings

Category:
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