The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning signs.

I don't want to put words in Geithner's mouth, but I think he is generally against the revolving door of government officials taking jobs with companies that they have overseen or in roles that involve lobbying. At minimum, I'm pretty sure he felt that way about himself.

In truth, a leader should either apologize, mean it and do something about it - or not apologize at all.

Andrew Ross Sorkin Quotes