The Public Record
American central banker and politician
We should take a fresh look at conflicts across the system because you do not want to have anybody in public office have their actions viewed through the prism of concern that they are motivated by anything but the broad interests of the…
You cannot feel more strongly than me about the need to get the Government out of this company.
Crises do not burn themselves out. Crises this severe do not burn themselves out.
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.
I believe the U.S. bears some responsibility for this but responsibility goes around.
I believe the U.S. bears some responsibility for this but responsibility goes around.
I believe the U.S. bears some responsibility for this but responsibility goes around.
No, I believe the U.S. bears some responsibility for this. But responsibility goes around.
The most important thing, again, is to get the leaders of the world -- these countries represent 85 percent of global output -- to stand together and say, we're going to act together to do what's necessary to bring this recovery back on…
We've seen some encouraging signs. The pace of deterioration has started to slow. Some improvement, but it took a long time to get here, still enormously challenging.
That's not going to happen. And there's really no support around the room for that.
The most important thing again, is to get the leaders of the world, these countries represent 85 percent of global output, to stand together and say, we're going to act together to do what's necessary to bring this recovery back on track.
The big mistake countries make in financial crises is they put the brakes on too early. They don't keep at it until recovery is firmly established. And the world needs to see that kind of sustained commitment.
The basic objective is to try to make sure that we get growth back on track and businesses back in the position where they're hiring people, paying them more, expanding their investments. That's the essential objective of this program.
It's time to stop demonizing everybody on Wall Street, everybody who's in the financial industry because they're not all bad people.
The basic objective is to try to make sure that we get growth back on track and businesses back in the position where they're hiring people, paying them more, expanding their investments. That's the essential objective of this program.
It's time to stop demonizing everybody on Wall Street, everybody who's in the financial industry because they're not all bad people.
We expressed concern about this specific provision, because we wanted to make sure it was strong enough to survive legal challenge.
I have got a plan. We're going to get $165 million back from AIG and give it to the taxpayers to make them whole.
When Tim Geithner made his plan -- announced his plan to save the banks and more or less he didn't have a plan.
We're trying to, again, reduce the risk that the economy shrinks by more than it needs to, that unemployment rises by more than it needs to, that more businesses fail than need to do.
When Tim Geithner made his plan -- announced his plan to save the banks and more or less he didn't have a plan.
We are not going to be raising taxes on the American economy until we get through this recession.
If we don't do that, then we are going to have a rising debt-to-GDP ratio over time and higher interest rates.
Politicians like Tim Geithner
