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  • Geithner Says New Financial Crisis Coming

    05/19/2011 11:47:12 AM PDT · by blam · 21 replies
    TBI/The Daily Beast ^ | 5-19-2011 | Lloyd Grove
    Geithner Says New Financial Crisis Coming Lloyd Grove, The Daily Beast May 19, 2011, 2:12 PM At a New York screening of the new HBO adaptation of Andrew Ross Sorkin’s Too Big to Fail, Treasury Secretary Timothy Geithner said that not only is our financial system not too large to go bust—but we’re headed for another crisis. The Wall Street meltdown of late 2008 was, in real life, a harrowing event, triggering a terrible recession from which we’re still recovering. In the HBO movie Too Big to Fail, it’s also a surprisingly gripping melodrama—a clash of greedheads and egomaniacs desperate...