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Firefighting
The Financial Crisis and its Lessons
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Format: Paperback / softback
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Firefighting
The primary architects of the response to the 2008 financial crisis offer a magnificent big-picture synthesis - from why it happened to where we are now.
This is a rigorous account of the worst financial crisis since 1929 from the three primary architects of the American response-from why it happened to where we are now.
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
2008 saw one of the worst financial crises in generations, the global implications of which are still being felt today. Ten years later, Ben Bernanke, Timothy Geithner, and Hank Paulson reflect on the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression.
All three had crucial roles in the government's responseβBen S. Bernanke as chairman of the Federal Reserve; Henry M. Paulson, Jr., as secretary of the Treasury under President George W. Bush; Timothy F. Geithner as president of the Federal Reserve Bank of New York during the Bush years and then Treasury secretary under President Barack Obama.
A powerful, warts-and-all account told with unprecedented clarity; from the flawed human response to the necessity to learn from the past and help firefighters of the future protect economies from the ravages of financial crises.
Firefighting is a vital account of a defining moment in modern history and an inspiring lesson on leadership through crisis.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Firefighting provides an insightful account of the financial crisis from the perspectives of key decision-makers involved. Reviewers, including notable figures like Warren Buffett, have highlighted the book's ability to convey the complexity of the crisis and its practical lessons for future policymakers.
Book Details
INFORMATION
ISBN: 9781788163361
Publisher: Profile Books Ltd
Format: Paperback / softback
Date Published: 18 April 2019
Country: United Kingdom
Imprint: Profile Books Ltd
Edition: Main
Illustration: b&w charts and tables
Audience: Tertiary education, Professional and scholarly
DIMENSIONS
Spine width: 20.0mm
Width: 130.0mm
Height: 196.0mm
Weight: 175g
Pages: 240
About the Author
Ben S. Bernanke, currently a Distinguished Senior Fellow at the Brookings Institution, was the chairman of the Federal Reserve from 2006 to 2014. He is the author of The Courage to Act.
Timothy F. Geithner is currently President of Warburg Pincus and was the 75th Secretary of the Treasury for President Obama's first term. He is the author of Stress Test: Reflections on Financial Crises.
Hank M. Paulson Jr. is the founder and chairman of the Paulson Institute, and served as the 74th Secretary of the Treasury under President Bush. He is the author of On the Brink and Dealing with China.
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