If you are providing guarantees, you need to charge for them. They need to be risk based, and they need to be fair in design.
Tim Geithner: “If you are providing guarantees, you need to charge for them. They need to be risk based, and they need to be fair in…”
On the recordJanuary 6, 2011
Source
congress.govEditor's note · Context
Advocating for fair pricing of guarantees in pension funds.
Share
More from Tim Geithner
Feb 13, 2012
If those were embraced by the Congress tomorrow, there would be substantially more confidence around the world in the capacity of this political system in Washington.
Jul 25, 2012
I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.
Jul 25, 2012
If Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.
Feb 13, 2012
I do not believe there is a credible argument to make that uncertainty about our fiscal deficits or uncertainty about the design of regulation in Washington today is having a material adverse effect on the American economy today.





