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The New York Times
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The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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    The New York Times‏Verified account @nytimes Sep 7

    In Opinion Former chairman of the Federal Reserve Ben Bernanke and former Treasury secretaries Timothy Geithner and Henry Paulson Jr. write, “The paradox of any financial crisis is that the policies necessary to stop it are always politically unpopular."https://nyti.ms/2Qd4FxV 

    8:30 AM - 7 Sep 2018
    • 98 Retweets
    • 197 Likes
    • Warren Young Herve Gogo Ian Nasir bin Cheesecake Kimhong Reynaldo A Yvonne O'Shea Musyoka Musyimi Linda J. Maldonado
    31 replies 98 retweets 197 likes
      1. New conversation
      2. Rudolf E. Havenstein Remembers‏ @RudyHavenstein Sep 7
        Replying to @nytimes

        So two jerkoffs who didn't do their jobs as regulators, and the Goldman CEO at the height of the mortgage fraud write an Op-Ed. And you shills publish it.

        8 replies 56 retweets 160 likes
      3. Rudolf E. Havenstein Remembers‏ @RudyHavenstein Sep 8
        Replying to @RudyHavenstein

        Rudolf E. Havenstein Remembers Retweeted Rudolf E. Havenstein Remembers

        My suggestion to The Three Stooges on how to deal with the next financial crisis. Oh, also prosecute systemic & ongoing bank fraud. #RICOhttps://twitter.com/RudyHavenstein/status/693518370491138048 …

        Rudolf E. Havenstein Remembers added,

        Rudolf E. Havenstein Remembers @RudyHavenstein
        1. Taxpayers backstop FDIC (i.e., no bank runs) 2. Failed banks go bankrupt 3. Shareholders wiped out, execs gone 4. Bondholders get in line
        5 replies 15 retweets 36 likes
      4. Neil MacLeod  🇨🇦‏ @surfeitndearth Sep 8
        Replying to @RudyHavenstein

        You’re much too kind for this world, Rudy.

        2 replies 0 retweets 2 likes
      5. Rudolf E. Havenstein Remembers‏ @RudyHavenstein Sep 8
        Replying to @surfeitndearth

        Notice I didn't say anything about drawing and quartering.

        0 replies 0 retweets 5 likes
      6. End of conversation
      1. Big Frizy‏ @AiryOrange Sep 7
        Replying to @nytimes

        Get money out of politics! #wolfpachttps://www.wolf-pac.com 

        0 replies 2 retweets 3 likes
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      1. IraNH‏ @iraNHlfod Sep 7
        Replying to @nytimes

        Ffs Bernacke is the last person we should listen to for advice on stopping a financial crisis.

        0 replies 0 retweets 3 likes
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      1. saor an fiail‏ @firminosteeth09 Sep 7
        Replying to @nytimes

        Rob from the poor to feed the rich...?

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. jim doninho‏ @JimDong420 Sep 7
        Replying to @nytimes

        Throwing bankers in jail would be very popular.

        1 reply 0 retweets 5 likes
      3. 1 more reply
      1. CyFerpunk‏ @CyFerpunk Sep 7
        Replying to @nytimes

        Why would anyone listen to the people who blindly enabled a crisis talk about how to avoid repeating it? Putting them in a one-way rocket to Mars would be a good starting point for avoidance. Yes, some important protections have been removed since '08, but these guys have 0 cred.

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Gautam Roy‏ @groys Sep 7
        Replying to @nytimes

        @adam_tooze curious about your thoughts

        1 reply 0 retweets 0 likes
      3. Adam Tooze‏ @adam_tooze Sep 8
        Replying to @groys @nytimes

        this is Geithner’s mantra. He at times even seems to suggest that whether something is truly unpopular is a test of whether is the right thing to do!

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. David Green‏ @david_green82 Sep 10
        Replying to @nytimes

        "The fact that they blandly depict crises that demand extraordinary interventions as to be expected confirms that greedy technocrats like them are a big part of the problem."https://www.nakedcapitalism.com/2018/09/pigs-want-to-feed-at-the-trough-again-bernanke-geithner-and-paulson-use-crisis-anniversary-to-ask-for-more-bailout-powers.html …

        0 replies 0 retweets 1 like
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      1. Jim Wilberforce ن‏ @OneREDOctober Sep 7
        Replying to @nytimes

        The system is in better shape right now, after not even 2 years of Trump, then it was the entire 8 years Obama was in office... But Obama's policies work super slow and Trump's don't have an impact? So Trump can go ahead a take credit for wherever we're at 8 years from now??

        0 replies 0 retweets 1 like
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      1. Big Frizy‏ @AiryOrange Sep 7
        Replying to @nytimes

        I wonder why... hint: corporate $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

        0 replies 0 retweets 1 like
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      1. Sal DOrazio‏ @DorazioSal Sep 7
        Replying to @nytimes

        what we need is to keep President Trump as President...

        0 replies 0 retweets 1 like
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      1. Robert Kuhn‏ @RobertK90078574 Sep 8
        Replying to @nytimes

        what’s your point

        0 replies 0 retweets 0 likes
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      1. EVOLUTIONARY MAGAZINE‏ @EVOLUTIONARYMA4 Sep 7
        Replying to @nytimes

        pic.twitter.com/4NdjBFWAT9

        0 replies 0 retweets 0 likes
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      1. Susan Rockwell‏ @redact_group Sep 7
        Replying to @nytimes

        These men show, again, that they were never capitalists. Never believed in it or understood it. Karl Marx is being proven correct in the 21st century.

        0 replies 0 retweets 0 likes
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      1. Nancy Sharp‏ @Sh72010967Nancy Sep 7
        Replying to @nytimes

        We need another Obama.

        0 replies 0 retweets 0 likes
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