Timothy Geithner Quotes About Financial Crisis

• 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

  Government, Long, Waiting

• In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems

  Timothy Geithner

  Risk, May, Today

• Financial crises require governments.

  Timothy Geithner

  Government, Financial, Crisis

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