2min chapter

Cautionary Tales with Tim Harford cover image

La La Land: Galileo’s Warning (Classic)

Cautionary Tales with Tim Harford

CHAPTER

The Financial Crisis and the Oscar Fars

Tim Geitner was in charge of supervising Wall Street's banks at the height of the financial crisis. Robert Willemstadt, boss of an insurance company called AIG, requested a meeting with Geitner. In his book, Too Big to Fail, journalist Andrew Ross Sorkin reports the intimate details of this ill-fated meeting.

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