Fav Quotes

Quote by Timothy Geithner

We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households.

— Timothy Geithner

tags
 failure  
Personal Tags
(comma separated)
 

Fav'd

Be the first to Fav this quote!