Tim Geithner: “The current system is enormously unfair and puts huge, vivid costs, conspicuous costs, and hidden costs on small…”

Executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.

When Timothy Geithner says today that he's willing to go over the cliff, he's saying it because, yes, it's posturing. But he's also saying it because he means it.

I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.

I believe, as does the President, that there is no plausible way for us to address the many economic challenges facing the country, including our unsustainable fiscal deficits, without asking those most fortunate few to pay a modestly…