Yesterday Tim Geithner met with a bunch of journalists (including Business Insider) and expounded on his account of the mortgage crisis, “Stress Test: Reflections On Financial Crisis.” The book came out earlier this month.
Geithner said multiple times — “look at the work we did.” That’s how he wants his time as Treasury Secretary to the judged.
In the book, he illustrates that using a bunch of charts. The one below, on page 369, is his favourite. It shows how quickly the Treasury, FDIC and Federal Reserve injected cash into the financial system when the crisis hit. It also shows how quickly they stopped.
To Geithner, it shows how conservative the government was actually being. He digs that.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.