In the midst of the financial crisis, anger at bankers (who helped create the crisis) was at an all-time high. Former Secretary Treasurer Timothy Geithner explains why the government had no choice but to bail out big financial institutions.
More Must-Reads From TIME
- The 100 Most Influential People of 2024
- How Far Trump Would Go
- Why Maternity Care Is Underpaid
- Scenes From Pro-Palestinian Encampments Across U.S. Universities
- Saving Seconds Is Better Than Hours
- Why Your Breakfast Should Start with a Vegetable
- Welcome to the Golden Age of Ryan Gosling
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
Contact us at letters@time.com