“We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.”

—  Timothy Geithner

House Financial Services Committee, March 26, 2009 http://www.house.gov/apps/list/hearing/financialsvcs_dem/press031309.shtml

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Timothy Geithner 5
American central banker and politician 1961

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