4. On May 21, 2014, Timothy Geithner appeared on The Daily Show with Jon Stewart. The interview can be found at:
https://thedailyshow.cc.com/extended-interviews/z9b8f1/timothy-geithner-extended-interview
After viewing the interview, please answer the following questions:
a. According to Geithner, What is the first obligation of the government during a financial crisis?
b. Who were the arsonists?
c. How does the recovery from the 2008 recession in the United States compare to others around the world in the last century?
d. How did fiscal policy contribute to the slow recovery?.
e. Why was the panic in 2008 so severe?
f. What is capture?
g. Why were banks bailed out rather than homeowners?