Geithner on the Record: Toxic Assets

capital appreciation, are going to be concerned that they’re going to be hauled up before Congress and seen to be taking too large of a return for the risk they’re taking?

SECRETARY GEITHNER: Again, the risk we face for the economy as a whole is after a period where there was just much too much risk-taking that right now the system is not going to be prepared to take enough risk to get through this. And so we have to find programs that make it possible for investors to take the risks they need that we get out of this sooner. And that will require confidence among investors that there’s clearly established rules of the game consistently enforced going forward. And as I said, I’m confident we’re going to work through this in a way that gets the right balance.

Nice to see you guys. Thank you very much.

(Source: White House)

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