Geithner's View From The Top Of The Bubble

by Alex J. Pollock.   What a careful, informed, balanced, and intelligent discussion of risk management tells us about the high price of extreme risk. On February 28, 2006, Timothy Geithner— then president of the Federal Reserve Bank of New York and now secretary of the Treasury—addressed the topic of risk management in the U.S. financial system, in a speech ... MORE