On the recordMarch 14, 2011
Again, our overall objective, and this has to be our shared objective, is to have the private markets, banks and investors, bear more of the risk in housing finance, not less of the risk.
Source
congress.govAgain, our overall objective, and this has to be our shared objective, is to have the private markets, banks and investors, bear more of the risk in housing finance, not less of the risk.
Tim Geithner stresses the need for private markets to assume more risk in housing finance.
Share
More from Tim Geithner
The basic sense that you see across the country that the political institutions in this country are not up to the challenges we face, unable to act, unable to solve problems, is absolutely weighing on confidence.
I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.
executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.
if Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.