There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too… — Timothy Geithner Copy Share Image
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower… — Timothy Geithner Copy Share Image
The plausible outcomes range from the gradual and benign to the more precipitous and damaging. — Timothy Geithner Copy Share
The choice is between which mistake is easier to correct: underdoing it or overdoing it. — Timothy Geithner Copy Share
If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a… — Timothy Geithner Copy Share
The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move. — Timothy Geithner Copy Share
But what we're determined to do, and what the reforms will do is to make sure this system goes back to its core purpose… — Timothy Geithner Copy Share
The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether… — Timothy Geithner Copy Share
And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we… — Timothy Geithner Copy Share
This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and… — Timothy Geithner Copy Share
This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out… — Timothy Geithner Copy Share
We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite… — Timothy Geithner Copy Share
Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as… — Timothy Geithner Copy Share
The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the… — Timothy Geithner Copy Share
The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a… — Timothy Geithner Copy Share
The government can help, but we need to make this transition now to a recovery led by private investment. — Timothy Geithner Copy Share
I think we're not going to preserve Fannie and Freddie in anything like their current form. We're going to have to bring fundamental change… — Timothy Geithner Copy Share
