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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

Those who want to row on the ocean of human knowledge do not get far, and the storm drives those out of their course who set sail. – Franz Grillparzer

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My philosophy of leadership is to surround myself with good people who have ability, judgment and knowledge, but above all, a passion for service. – Sonny Perdue

Category:
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Only divine love bestows the keys of knowledge. – Arthur Rimbaud

Category:
Knowledge

The existence of inherent limits of experience in no way settles the question about the subordination of facts of the human world to our knowledge of matter. – Wilhelm Dilthey

Category:
Knowledge

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