Timothy Geithner
Earlier this week, treasury secretary Tim Geithner sat down with TIME managing editor Rick Stengel at an economic summit hosted by Time Warner in New York City to discuss the outlook for the economy and President Obama's overhaul of the financial regulatory system. Later, the Secretary answered additional questions about the new financial rules and regulations. Some excerpts:
How does this plan attack the causes of the crisis, and would it have prevented the crisis had it been in place?
|A major problem that led to the crisis was that financial institutions--especially the largest, most complex and important ones--weren't held to...
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