Weekend Video: A Conversation with Tim Geithner at CFR

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This video from yesterday’s Council on Foreign Relations symposium gives Treasury Seretary Tim Geithner a chance to explain why he has constructed his bailout plan in the way he has. Rather than editorialize the video, I will provide it without comment.  I do suggest you watch it if you want to develop a well-informed view on his bailout package.

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Just after the 23 minute mark, they open it up to questions, the first one being how Geithner sees the liquidity versus solvency issue. The second questions is equally interesting: are we socializing risk and privatizing profit here?

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