On February 28, 2006, Timothy Geithnerâ?? then president of the Federal Reserve Bank of New York and now secretary of the Treasuryâ??addressed the topic of risk management in the U.S. financial system, in a speech to the Global Association of Risk Professionals in New York. It was a few months before the very top of the massive housing bubble. How did things seem when viewed from the top? . .
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