Timothy Geithner

“The basic bargain is that we are going to act to try to protect the system from a catastrophic failure.”

“You want to design a system that's more resilient to failure.”

“Plan beats no plan.”

“Most of the important things that have to be done will be things that are tough and unpopular.”

“The only way to get a lot of money is to have a lot of money.”

“The core of the problem is that we have a financial system that is running with too much leverage.”

“A panic is a very unpleasant thing. It's a very human thing.”

“The great tragedy of the financial crisis is that it's going to be so hard to do what we need to do to fix it.”

“You have to be willing to do the unpopular thing in the crisis.”

“We have a financial system that is not robust.”

“It's very hard to design a system that's going to be robust to the kind of shocks we're seeing.”