Peter R. Fisher

Peter R. Fisher (born in 1956) is a Senior Lecturer at the Tuck School of Business at Dartmouth, and a Senior Fellow at the Tuck Center for Global Business and Government. He is also a former executive at BlackRock and a former senior official at the U.S. Treasury and the Federal Reserve. Quotes Think of the federal government as a gigantic insurance company (with a sideline business in national defense and homeland security), which does its accounting on a cash basis, only counting premiums and payouts as they go in and out the door. An insurance company with cash accounting . . . is an accident waiting to happen. While under secretary of the U.S. Treasury in 2002; frequently short-handed as "an insurance company with an army." http://www.nytimes.com/2003/03/11/opinion/a-fiscal-train-wreck.html A Fiscal Train Wreck Paul Krugman Paul Krugman March 11, 2003 The New York Times http://articles.baltimoresun.com/2011-06-28/news/bs-ed-schaller-20110628_1_unemployment-insurance-premiums-government-insurance How government is like insurance June 28, 2011 Thomas F. Schaller Baltimore Sun http://economistsview.typepad.com/economistsview/2013/01/who-first-said-the-us-is-an-insurance-company-with-an-army.html Who First Said the US is 'An Insurance Company with an Army'? Economist's View Mark Thoma January 17, 2013 External links Category:Academics from the United States Category:People from Washington, D.C. Category:Living people Category:1956 births Category:Lawyers from the United States