We are in a crash. We're in a terrible recession. Let's save as many families as we can. I make my pitch to Tim Geithner, who then was Secretary of the Treasury... said, we've foamed the Runway enough that the banks will survive. banks are going to survive. And I was like, wait a minute, I get it. He said, we've foamed the Runway, was his view. We've foamed the Runway enough that the banks will survive. (41:17–41:45)
CLAIM
Asserts that Tim Geithner believed the banks would survive due to government intervention.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
