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March 27, 2009

Geithner on the High Wire

Author:	Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics

Sebastian Mallaby argues that Treasury Secretary Timothy Geithner's ideas on regulation and wind-downs are sensible, but they won't prevent the next crisis or save taxpayers from the cost, making it imperative that the financial industry take on less risk.

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