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
   
Timothy Geithner   Name:
Timothy Geithner
Type:
Public Servant
Nationality:
American
Birth:
August 18, 1961
https://www.nutquote.com/quote/Timothy_Geithner