On the recordApril 20, 2009
A lot of the trauma we faced in the course of the fall was a result of that basic failure. We still do not have that authority today.
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transcripts.cnn.comTim Geithner: “A lot of the trauma we faced in the course of the fall was a result of that basic failure. We still do not have that…”
Editor's note · Context
Geithner explains the challenges faced due to lack of regulatory authority over bailed-out banks.
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