Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Tim Geithner was Secretary to the Treasury in the United States, and I met Tim Geithner on several occasions, and he's often recited as being somebody who was against burden-sharing, and he was, he makes no bones about it. But he has written his autobiography and I read it during August, and the introductory chapter of Tim Geithner's autobiography is called "The Bombs", and he describes the bombs as, you know, Bank of America, AIG, Freddie Mac, freddie mae. There's five of them and he goes ... right through his biography he talks about these bombs going off, you know? So, if Mr. Trichet didn't use this kind of metaphor, very senior central bankers used this kind of metaphor, because it's the opening chapter of Tim Trichet's book. That's the title. Not Tim Trichet - Tim Geithner, Tim Geithner.
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