"This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk."

Timothy Geithner, American Public Servant

Knowledge, Financial, Crisis, Innovation

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"This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk."

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"There is only a perspective seeing, only a perspective "knowing"; and the more affects we allow to speak about one thing, the more eyes, different eyes, we can use to observe one thing, the more complete will our "concept" of this thing, our "objectivity," be."

Friedrich Nietzsche, German Philosopher

Knowledge, Perspective, Truth, Observation, Philosophy

"Knowledge is invariably a matter of degree: you cannot put your finger upon even the simplest datum and say this we know."

T. S. Eliot, American Poet

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"Science is a proven concept with standards. Wisdom is the knowledge of life that we learn by living it."

Debasish Mridha, American Author

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"If we knew what is already there, there will be no need for research."

Lailah Gifty Akita, Ghanaian Author

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"One of the most important gifts that you can give to yourself is the gift of self-education, that is the best way to grow on constant basis."

Sunday Adelaja, Nigerian Author

Knowledge, SelfEducation, Growth, Learning, Empowerment

"If you begin to read, you find the answers you seek."

Lailah Gifty Akita, Ghanaian Author

Knowledge, Reading, Answers, Find, Wisdom

"Understand the concept of time and find ways to maximize it effectively."

Sunday Adelaja, Nigerian Author

Knowledge, Time, Understanding, Efficiency, Optimization

"Why must ignorance be destroyed? Because it is the number one destroyer of the people of God."

Sunday Adelaja, Nigerian Author

Knowledge, Ignorance, Destruction, God

"Oh, my dear Vimes, history changes all the time. It is constantly being re-examined and re-evaluated, otherwise how would we be able to keep historians occupied? We can't possibly allow people with their sort of minds to walk around with time on their hands."

Terry Pratchett, English Author

Knowledge, History, Wisdom, Truth, Future

"I know that I do not know, and uncertainty, certainly, is the cruelest of words."

Auliq Ice, Ugandan Economist

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Explore more quotes by Timothy Geithner

"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."

Lie, Crisis, Responsibility, states

"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."

Finance, Financial, Living, Now, World

"The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting."

End, Will

"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."

Change,

"The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe."

Finance, Financial, Economy, Needs, Order

"As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past."

Policy, Financial, Behavior, Past

"But what we're determined to do, and what the reforms will do is to make sure this system goes back to its core purpose of taking the savings of Americans and from investors around the world and allocating those to people with an idea, not just the largest companies in the country, but to small businesses with an idea and a plan for growing."

People, Idea, Purpose, Americans

"Monetary policy itself cannot sensibly be directed at reducing imbalances."

Policy,

"Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area at least, if you want peace or stability, it's better to prepare for war or instability."

Peace, War, Judgment, Stability

"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it."

People, Strategy, America, Country