It is necessary to protect the financial system and get recovery back on track for the markets to understand that we will do what is necessary to make sure that these major institutions can meet their commitments.
Geithner emphasizes the need to protect the financial system for economic recovery.
Share
More from Tim Geithner
You cannot govern a country if you commit never to raise taxes on anybody, because things change, wars happen, crises happen.
Absolutely. Yes, again, we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest Americans.
The only way to restore fiscal responsibility and still preserve the commitments we need to make to our retirees and national security, is by a modest increase in the effective tax rate for the Americans who are in the best position to…
Executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.
Other voices in this conversation
