Timothy Geithner
The 2008 financial crisis was not the result only of moral hazard; nor was it unforeseeable. While banks believed they would be bailed out, consumers, rating agencies, and policymakers all bet on housing as well, destabilising the system
29th Sep 18, 9:09am
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The 2008 financial crisis was not the result only of moral hazard; nor was it unforeseeable. While banks believed they would be bailed out, consumers, rating agencies, and policymakers all bet on housing as well, destabilising the system
Daily briefing for Monday, January 10, 2011