We judged that a sudden, disorderly failure of Bea...
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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.
We judged that a sudden, disorderly failure of Bea... meanings
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Frequently Asked Questions (FAQ)
Who said "We judged that a sudden, disorderly failure of Bea... "?
"We judged that a sudden, disorderly failure of Bea... " is one of a famous quotes by Timothy Geithner. Complete quote is as follows;
"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."
What is "We judged that a sudden, disorderly failure of Bea... "?
"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." This is a quote by Timothy Geithner which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;
- My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn't have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying. Don't be afraid to fail.
What does "We judged that a sudden, disorderly failure of Bea... " mean?
This quote is primarily about failure although it also includes other themes like . It is attributed to Timothy Geithner. Complete quote is as follows;
"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."