The 2008 financial crisis is fading into history, but the risks of something big happening again remain. In this episode, we speak with Tim Geithner, the former US Treasury secretary and head of the New York Fed during the tumultuous collapse of Lehman Brothers. The conversation coincides with the launch of Yale's New Bagehot Project, which is aimed at guiding the next generation of financial crisis-fighters (Geithner is Chair of the program on financial stability at the Yale University School of Management). We talk about what's most important when it comes to putting out financial fires, and what could have been done differently during 2008. And of course, we also talk current risks in the financial system.

Read more:
US Debt Load Tops Fed’s Survey of Financial Stability Risks
Fiscal Debt Binge Is World’s Biggest Stability Threat, BIS Says
Subprime Collapse to Global Financial Meltdown: Timeline

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots

The 2008 financial crisis is fading into history, but the risks of something big happening again remain. In this episode, we speak with Tim Geithner, the former US Treasury secretary and head of the New York Fed during the tumultuous collapse of Lehman Brothers. The conversation coincides with the launch of Yale's New Bagehot Project, which is aimed at guiding the next generation of financial crisis-fighters (Geithner is Chair of the program on financial stability at the Yale University School of Management). We talk about what's most important when it comes to putting out financial fires, and what could have been done differently during 2008. And of course, we also talk current risks in the financial system.
Read more: <a href="https://www.bloomberg.com/news/articles/2024-11-22/us-debt-sustainability-now-seen-as-top-financial-stability-risk?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-testid="link-with-safety" data-renderer-mark="true">US Debt Load Tops Fed&rsquo;s Survey of Financial Stability Risks</a> <a href="https://www.bloomberg.com/news/articles/2024-12-10/fiscal-debt-binge-is-world-s-biggest-stability-threat-bis-says?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-testid="link-with-safety" data-renderer-mark="true">Fiscal Debt Binge Is World&rsquo;s Biggest Stability Threat, BIS Says</a> <a href="https://www.bloomberg.com/news/articles/2008-10-13/subprime-collapse-to-global-financial-meltdown-timeline?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-testid="link-with-safety" data-renderer-mark="true">Subprime Collapse to Global Financial Meltdown: Timeline</a>
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Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Tim Geithner on How to Fight the Next Financial Crisis

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7ac22e6d-340f-450b-ba1e-b2b30144ccdb/transcript