A Quote by Timothy Geithner

I think we're not going to preserve Fannie and Freddie in anything like their current form. We're going to have to bring fundamental change to that market.

Timothy Geithner

Quote Topics

Anything Bring Change Current Form Fundamental Going Like Market Preserve Think

Quote Author

Timothy Geithner
American - Public Servant
Born: August 18, 1961

Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of an organization called 'FM Policy Focus.' What we were saying was, if there was blip in the housing market, Fannie and Freddie would destabilize the greatest economy in the world.

J. C. Watts

My constituents say, 'Congressman, have you balanced the budget?' And I'm going to say, 'Well, we're working on it.' And they are going to say, 'Well, Congressman, did you get rid of Fannie and Freddie?' And I'm going to say, 'Well, we're working on it.'

Stephen Fincher

Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.

Alex Berenson

We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support.

Timothy Geithner

The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the market goes down, we think it's going to go down forever. Neither of those things actually happen. Doesn't do anything forever. It's by the moment.

John C. Bogle

Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon.

Wilbur Ross

RE: GSEs like Freddie Mac & Fannie Mae: "creditors will continue to underprice the risk-taking of these financial institutions, overfund them, and fail to provide effective market discipline Facing prices that are too low, systemically important firms will take on too much risk."

Gary H. Stern

We're not going to beat Barack Obama with some guy who has Swiss bank accounts, Cayman Island accounts, owns shares of Goldman Sachs while it forecloses on Florida and is himself a stockholder in Fannie Mae and Freddie Mac while he tries to think the rest of us are too stupid to put the dots together to understand what this is all about.... People matter more than Wall Street.

Newt Gingrich

Fannie Mae and Freddie Mac - two bloated and corrupt government-sponsored programs - contributed heavily to the crisis.In order to prevent another crisis, we need to do what we should have done years ago - reform Fannie Mae and Freddie Mac. We also need to repeal Dodd-Frank, the Democrats' failed solution. Under Dodd-Frank, 10 banks too big to fail have become five banks too big to fail. Thousands of community banks have gone out of business.

Carly Fiorina

When I talk about feminism and what I think the women's movement needs more of, it's not to detract from anything going on - I think everything going on is fantastic - but there's this missing element. I think we could learn from our detractors a little bit because I feel like they have a plan, a better understanding of things than we necessarily do. You can't change things if you don't understand the other people involved. And if you don't understand yourself, you'll never change.

Christina Ricci

Khan claims his trainer, Freddie Roach, has made him a better fighter but Freddie isn't going to be in there with me.

Marcos Maidana

I don't think that comedy is going to affect or change anything. I remember back in 2004 people were like, "How does it feel knowing that you're going to be part of the shifting tide in the political system?" And in the end nothing changed, and we weren't part of anything. And we're not happy anywhere. I think we're kind of hoping, obviously, but it didn't really have a great impact on people.

Samantha Bee

We have the idea of saying that put limitations on bailouts, so that the bailouts don't occur in the future, so that we don't have to do the - look to see AIG situations or Bear Stearns situations or the Fannie Mae or Freddie Mac, which is probably going to be more money spent on those two institutions than the Congress spent on the TARP program.

Scott Garrett

These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government sponsored entities, Fannie Mae and Freddie Mac. They really kicked off this crisis. The state should set the rules and enforce them - but not become involved as a market player.

George Soros

The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?