Tim Geithner - Taxpayer Money and the Bailouts

Description: Complete video at: fora.tv 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 Tim Geithner addresses a Council on Foreign Relations meeting with his plan to adjust regulations on the US financial system. Timothy Franz Geithner is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.