oh henry paulson where was the from warmest your goldman sachs keep going down the line you know wall street saw jack washington hands off with the big boys only read the people are the ones that have to abide by the laws so it's always easier to blame the mom when in doubt just playing the mob if you're able to it's a last game spend but you know it's a process made out of conscious you and other folks are bringing this issue to light for example charles ferguson the director of inside job winning author last night here said what he had to say about all of this was i'm. i must start pointing out that three years after own horrific financial crisis caused massive fraud not a single financial executive is going to change and that's why. he makes a good point writing those c.e.o.'s and executives still raking in now half of profits so now much has changed now known it was so apologetic at is that i mean you know i thought he's going to cry and all those little hollywood wimp of cracks clapping you know where is the justice they said we were going to get swift justice that's the obama ad

. >> tim geithner has been one of the key players with ben bernanke, larry summers and henry paulson in stemming the tide of the financial crisis and turning the economy around. he also has been the architect of the financial reform proposals that became the dodd-frank bill and one of the pieces not included was what to do about the g.s.e.'s. today treasury has released a white paper crying their plans on that issue and we are just very delighted that you chose to come here to brookings to talk about it. let me ask you first of all if you would give us a sort of brief description of what the plan is and how it is going to be implemented. >> thank you, martin. nice to be here. you have good timing for the conference and i'm good you have g me a chance -- given me a chance to come p. we got a lot of things wrong in the housing market of the united states and it is a complex system and reform requires a careful strategy that includes a number of different elements. reform requires a careful strategy, includes a number of different elements. let me just lay out the basic pillars, basic f

the one thing that i thought we could assume with a treasury department headed by henry paulson, the previous c.e.o. of goldman sachs, would be knowledge and competence about the financial markets. >> when the boys built that base taliban and forces in the valuely, they were completely in shock. it was like a middle finger sticking out. and they realized once they could not knock off restrepo, we had the upper hand. they started becoming afraid. >> it took me a long time out there to understand courage and i saw a lot of it. i saw it just about everyday. and one of the reasons it was so hard to understand was because the soldiers don't really acknowledge the word. if a... i saw this. a guy ran through gunfire, heavy machine gun fire to grab and pull to safety another guy in the platoon who had been injured and was in the open and if you asked that guy, wow, that was so brave of you, why did you do that, his response would be-- and was when i asked him-- "listen, it's not courage, that's being a soldier." like if i didn't rub through gunfire to save my buddy, my brother you're not a f

he has been one of the key players with ben bernanke and larry summers and henry paulson in stemming the tide of this financial crisis and starting to turn the economy around. he also has been the architect of financial reform proposals that became the dodd-frank bill, and one of the piece is not included in that was what to do about the gses. today, they have released a white paper describing their plans on that issue. we're very delighted that you chose to come here to brookings to talk about it. let me ask you first of all if you would give us a brief description of what the plan is and how it will be implemented. >> thank you, martin. thank you for letting me be a brookings. i am glad you took a chance to come in at the beginning. we obviously got a lot wrong in the housing market in the united states. it is a complex system, and reform requires a careful strategy that includes a number -- let me lay out the basics of what we think are a credible reform plan. the first is that we need to wind down fannie and freddie and substantially reduce the government's footprint in the housi

. >> tim has been one of the key players with ben bernanke and larry summers and henry paulson in stemming the tide of this financial crisis and starting to turn the economy around. he also has been the architect of financial reform proposals that became the dodd-frank bill, and one of the piece is not included in this bill is what to do about the gses. today the treasury has released a white paper describing their plans on that issue, and we are very delighted that you chose to come here to brookings to talk about it. let me ask you first of all if you would give us a sort of a brief description of what the plant is and how it is going to be implemented. >> thank you, martin. it is great to be a brookings. i am glad you give me a chance to come in at the beginning of the conference. we had a lot of things wrong in the housing market in the united states. it is a complex system, and reform requires a careful strategy which includes a different number of elements. let me out lead they've rigidly up the basic foundation. the first is that we need to wind down fannie and freddie and substanti

as you know, he has been one of the key players with ben bernanke, larry smors, henry paulson in stemming the tide of this financial crisis and starting to turn the economy around. he also has been the architect of the financial reform proposals that bames became the dodd-frank bill. and one of the pieces not included was what to do about the g.s.e.'s. so now today treasury released a white paper describing their plans on that issue. and we are just very delighted that you chose to come here to brookings to talk about it. so let me ask you, first of all, if you would give us a sort of brief description of what the plan is and how is it going to be implemented. >> thank you. nice to be at brookings. you guys have good timing today. i'm glad you've given me a chance to come in at the beginning. so we have done a lot of things wrong in the housing market in the united states. and it is a complex system. and reform requires a careful strategy that includes a number of different elements. let me just lay out the pillars of the basic foundation of what we think is a incredible reform plan. the

he has been one of the key players with ben bernanke, larry summers, henry paulson in stemming the tide of this financial crisis and starting to turn the economy around. he also has been the architect of financial reform proposals that became the dodd-franc note -- dodd-frank. one thing that was not included is what to do about the gse's. they have produced a white paper on which to do with that issue. we are delighted you chose to come here to brookings to talk about it. let me ask you first of all of you could give us a brief description on with the plan is and how it will be implemented. >> thank you, martin. good to be a brookings. you have good timing for your conversation today and i am glad to have given me a chance to come in at the beginning. we got a lot of things wrong in the housing market in the united states. it is a complex system and reform requires a careful strategy that includes a number of elements. let me lay out the basic pillars and foundation for the reform plan. the first, of course, is that we need to wind down fannie and freddie and substantially reduce the go