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US Treasury Secretary Timothy Geithner justifies risking taxpayer money during the financial crisis to revive the markets. "Central fact is that governments have to be prepared to take risks the markets can't take," says Geithner.
Treasury Secretary Timothy Geithner stresses the importance of initiating global financial reform now, rather than wait for the economy to reestablish stability."We want to begin the process now of trying to build consensus while people recognize, and are feeling so acutely, the damage caused by those basic failures in regulation," says Geithner.
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