hablo con el ex secretario del tesoro, timothy geithner, y le pregunto por quÉ decidiÓ salvar a los bancosro no a los dueÑos de casas durante la crisis econÓmica. y tambiÉn el dilema del spanglish. ¿estÁ bien googlear, textear y llamar "pa' atrÁs", o es una grave falta al espaÑol? lo discutimos con dos expertos de la academia norteamericana de la lengua espaÑola. y antes de ir a brasil hablamos con dos futbolistas hondureÑos. ¿saben quÉ me dijeron? que su objetivo es ganar la copa del mundo. comenzamos. >> vamos "al punto", con jorge ramos. >> vamos al punto. muchos ya ven a la reforma migratoria como muerta. los republicanos y su lÍder, john boehner, la han bloqueado por casi un aÑo en el congreso y no parece haber muchas esperanzas, pero alguien que todavÍa no se da por vencido este congresista republicano de la florida mario diaz-balart, quien nos acompaÑa vÍa satÉlite desde washington.

gracias. >> timothy geithner en "al punto".así puedo presupuestar, incluso cambiar el menú. ademas es divertido, es touch y tiene muchísimas apps, como para música, porque una buena canción es buena para el negocio. oye, necesito la firma del jefe. yo soy el jefe. ♪ honestly ♪ i wanna see you be brave lo último en blanqueamiento de crest 3d white nueva pasta y boost brilliance. después del cepillado, el exclusivo boost pule y blanquea. con tres veces más ingredientes, remueve manchas para una sonrisa brillante. nueva crest 3d white brilliance. en los estados unidos. spanglish al volver de un "commercial break, we will be right back". >> el sÚper del intendente, que esa ya es una palabra spanglish, estaba hablando de que tenÍa que arreglar la "boila" porque tenÍa un "likeo", y yo al principio no entendÍa lo que quería decir. >> bueno, la palabra como "rocheado", "estoy rocheado", estoy con mucho trabajo, ¿no? >> carpeta, cuando decÍan "mira, pero tÚ no has limpiado esta carpeta", yo no entendÍa, porque yo soy de venezuela y para

gracias. >> timothy geithner en "al punto".or ] comienza tu sprint framily y obtén el móvil para los amantes de la música ¿problemas para escuchar en el teléfono? con 6 meses gratis de spotify premium. visita sprintcaptel.com. en los estados unidos. spanglish al volver de un "commercial break, we will be right back". >> el sÚper del intendente, que esa ya es una palabra spanglish, estaba hablando de que tenÍa que arreglar la "boila" porque tenÍa un "likeo", y yo al principio no entendÍa lo que quería decir. >> bueno, la palabra como "rocheado", "estoy rocheado", estoy con mucho trabajo, ¿no? >> carpeta, cuando decÍan "mira, pero tÚ no has limpiado esta carpeta", yo no entendÍa, porque yo soy de venezuela y para mÍ carpeta es un folder donde poner los papeles. >> una vez cuando fui al mercado vi una lista de una persona que tenÍa "groserías", y entonces yo pensÉ "pero ¿una lista de groserÍas?". no, y realmente era una lista de groceries, de cosas que iba a comprar la persona. >> ¿quÉ te puedo decir? aquÍ nos encontramos en el ne

timothy geithner, of course, you are a banker. i said, no, i'm actually not.well, you were in banking. i said, no. you were an investment banker. i said, no. but that perception, partly because that initial description of my past and partly because of what we're doing just became overwhelmingly accepted wisdom. you know, one of -- those perceptions matter a lot. when those perceptions are and it's hard to break. >> another question, some of the fiercest criticism of you during your tenure, the hotel was offered for homeowners. one critic writes the every turn on housing the evidence points to timothy geithner. what options but the least pressure on banks rather than actually helping ordinary people >> i know that's a common perception, but it is deeply confused. it rests on just a deeply and real success of what our choices were. i mean, we had a democratic president really at the peak of his political power with democratic majorities in both houses. i think some of the best talent in the country working from. a lot of progress of economists, all of the right

. >> there was a remarkable moment in an interview that jon stewart did recently with timothy geithner about geithner's new book. there's a moment in which geithner said we had to save them from their mistakes. they didn't pay for their mistakes. the country did. >> exactly. and you know, he makes a very good point about saying they paid back all the money. well, first of all, there was a shell game. money at close to zero interest rates. they'd lend the money back to the government at much higher interest rates. if the government lent me hundreds of billions of dollars at a zero interest rate, i, too, could become wealthy person by just investing in government bonds. this doesn't take a genius. a 12-year-old could do it. yet they walked off with bonuses to for doing that, and they used that money to help pay back the government. this is the kind of shell game that would do any con artist proud. but when somebody, you know, commits an accident, somebody gets injured, what we did was analogous to -- we take the perpetrator, the guy who was the drunk driver to the hospital, but we leave

it and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think that the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the bags which are maki

it and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think that the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made whole then we would have had a great depression he was concerned about bank failures in the rise of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the banks which are maki

telling and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think that the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the bags which are maki

it and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand that geithner's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the banks which are making

that and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think that the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual begs and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the bags we're talking

it and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's book is more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the banks we're talking abou

the us macro economy than marshall are back of the fifth take on former treasury secretary timothy geithner's bank centric response to the financial crisis and rounding out our best of the week currency expert marc chandler explains how our low volatility environment makes trading and f.x. markets especially difficult enjoy. two things are happening one is we're taking digital technology and integrating it into the basic infrastructure hardware of life and as that happens we're seeing more and more slow whether it's media flow or financial transactions shifting on to the internet and online systems a big part of this it word is the fact that we now have almost three billion people and rising on smartphones so we are losing to a world where it's not north america which is the biggest consumer market it's not it's not the european union it's big it's consumer market it's people and smartphones is the biggest consumer market and is having in theory a tremendous shift in both cash flows and the whole marketing presence of all sorts of activities and organisations so so it's this shift that comes

it and it's a good thing but i want to ask you you know this book has been compared a lot to timothy geithner's stress test book but i can you break down the differences the small and bigger differences between the two because i understand the governor's focus more bank centric and rotation and i haven't read it but maybe you can talk to me about it i think the good news general view and we saw this during the crisis and what he said since the crisis has validated his view as being this is that you know we were it was an epic downturn and as a result of that we needed to make sure that the banking system was actually made a hole in some capacity because if it weren't made a hole then we would have had a great depression he was concerned about bank failures in the rest of the sort that we had during the great depression the reality of course is that he was basically bailing them out and he conflated the banking system as a whole with individual bags and there were no there were no actual penalties for the bankers themselves and when i say conflating the system with the banks were government maki

are back of the fifth take on former treasury secretary timothy geithner bank centric response to the financial crisis and rounding out our best of the week currently expert mark chandler explained power of low ball until the environment makes trading and f.x. markets especially difficult and joy. things are happening one is we're taking digital technology and integrating it into the basic infrastructure and hardware of life and as that happens we're seeing more and more slow whether it's media flow or financial transactions shifting on to the internet and online systems a big part of this that word is the fact that we now have almost three billion people and rising on smartphones so we are moving from a world where it's not north america which is the biggest consumer market it's not it's not the european union it's big it's consumer market it's people and smartphones is the biggest consumer market and is having a very traumatic shift in both cash flows and the whole marketing presence of all sorts of activities and organisations so so it's this shift that comes with the integration o

laura helen brand is fifth with an unbroken and former treasury secretary timothy geithner air's bookstress test. generalist glynn greenwald recounts his experiences with ed snowden and the nsa in no place to hide, seventh on the new york times list of best-selling political blocs. his recent talk is available to view at booktv.org. number 8 is catherine boos national book award winner behind a beautiful forever followed by lynne cheney's biography of james madison. wrapping up the list is 12 years a slave. the book originally published in 1853 was recently adapted into an oscar-winning film. that is look at this month's list of best sellers according to the new york times. >> next from the national press club in washington d.c. d. michael lindsay, president of gordon college in massachusetts presents the results of the ten year study on power and leadership in america. he says a few thousand people in

.. >> timothy geithner talks begin with the 2007-2008 financial crisis as president of the federal reserve bank of new york and later as president obama's treasury secretary. this is about one hour. >> i have a pretty simple question to start. why did you write your book? >> olga komyagina write the book? i never thought it would. because i the hard time sitting still and it takes a fair amount of patience to do it. but i wanted to give people a sense of what it was like to every chance to look at these choices we face through our eyes. it has they were pretty bad choices. i think it's hard for people to understand why this was necessary, why it was sensible, why suddenly the alternative. ever thought that was worth a shot. i wanted to give our successors, because we will face a financial crisis in future, and their devastating, i want to give our successors a better framework for making these choices. a better understanding of the mix of things we did, what worked, what didn't work so that when they face this kind of mess in the future they can make better choices and do a better job. tho

secretary timothy geithner air's book stress test. generalist glynn greenwald recounts his experiences with ed snowden and the nsa in no place to hide, seventh on the new york times list of best-selling political blocs. his recent talk is available to view at booktv.org. number 8 is catherine boos national book award winner behind a beautiful forever followed by lynne cheney's biography of james madison. wrapping up the list is 12 years a slave. the book originally published in 1853 was recently adapted into an oscar-winning film. that is look at this month's list of best sellers according to the new york times. >> next from the national press club in washington d.c. d. michael lindsay, president of gordon college in massachusetts presents the results of the ten year study on power and leadership in america. he says a few thousand people in the u.s. make decisions that impact everyone else. he conducted in-depth interviews with 550 government and business leaders. to find out how they operate. this event was hosted by the trinity foru

timothy geithner discusses the 2008 financial crisis and we visit a lake city, utah, to take in the literary sites and talk with local officers. take a look at recent books on afghanistan and much more. for more information on this weekend's television schedule, visit us online at booktv.org. >> more from chicago in just a few minutes. >> booktv asks what are you reading this summer. >> i think that i am doing a ketchup with a lot of things that are not particularly new, but i have meant to read. so they start with to realize rescue stories from world war ii and one that i'm actually reading now, frozen in time, about some american aviators who crashed in greenland in the second world war and then the rest went after them and they also disappeared and they finally did initially rescue these guys that lived for months. but it's such a gripping story and the second part of it is about the expedition to go back and find the people who were trying to rescue the original crew and they located aircraft and all kinds of things. in reading that you read the book jacket and you have another one here,

congratulations, by the way, by george saunders is sixth on indiebound's best sellers list follows by timothy geithner with "stress test." you can watch mr. geithner discuss his book on our web site. number eight is "a fighting chance" by elizabeth warren. week t recently -- booktv recently covered mrs. warren in boston. look for it to air this weekend. at ninth, journalist glenn greenwald recounts his experiences with edward snowden and the nsa in "no place to hide." you can watch glenn greenwald's talk from last month in washington, d.c. at our web site, booktv.org. and wrapping up indiebound's best sellers list at number seven is malcolm gladwell's "david and goliath." his talk on the book from the free library of philadelphia is able to watch anytime at booktv.org. that's this week's best sellers according to indiebound. for more information visit indiebound.org. >> next op booktv, jacob soll examines the use of financial accounting throughout history and its effect on the life and death of civilizations. this is about an hour and 15 minutes. >> welcome, everyone. thanks, everyone, for joining us