Bill wouldn't eliminate the risk of a bank failure, Geithner says

07/9/2010 | National Public Radio (text and audio)

Treasury Secretary Timothy Geithner said regulatory-reform legislation pending in Congress would not eliminate the risk that a financial firm could collapse. Instead, the bill would make it so that when a company runs into trouble, "we won't give them a second chance. We will dismember them, put them out of existence," Geithner said.

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National Public Radio (text and audio)