Timothy Geithner , American public servant
said about Home, Failure, Financial, Values, Consequences, Credit, Economy, Pressure...
"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 Read all Timothy Geithner quotes, or find out more about 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