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Stress Test: Reflections on Financial Crises by Timothy Geithner (Paperback, 2014)

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By Timothy F. Geithner. Stress Test: Reflections On Financial Crises.

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From the former Treasury Secretary, the definitive account of the unprecedented effort to save the U.S. economy from collapse in the wake of the worst global financial crisis since the Great Depression On 26 January, 2009, during the depths of the financial crisis and having just completed five years as President of the Federal Reserve Bank of New York, Timothy F. Geithner was sworn in by President Barack Obama as the seventy-fifth Secretary of the Treasury of the United States. Now, in a strikingly candid, riveting, and historically illuminating memoir, Geithner takes readers behind the scenes during the darkest moments of the crisis. Swift, decisive, and creative action was required to avert a second Great Depression, but policy makers faced a fog of uncertainty, with no good options and the risk of catastrophic outcomes. Stress Test- Reflections on Financial Crises takes us inside the room, explaining in accessible and forthright terms the hard choices and politically unpalatable decisions that Geithner and others in the Obama administration made during the crisis and recovery. He discusses the most controversial moments of his tenures at the Federal Reserve Bank of New York and at the Treasury, including the harrowing weekend Lehman Brothers went bankrupt; the searing crucible of the AIG bonuses controversy; the development of his widely criticized but ultimately successful plan in early 2009 to end the crisis; the bracing fight for the most sweeping financial reforms in seventy years; and the lingering aftershocks of the crisis, including high unemployment, the fiscal battles, and Europe's repeated flirtations with the economic abyss. Geithner also shares his personal and professional recollections of key players such as President Obama, Ben Bernanke, Hank Paulson, and Larry Summers, among others, and examines the tensions between politics and policy that have come to dominate discussions of the U.S. economy. An insider's account of how the Obama administration saved the economy but lost the American people, Stress Test reveals a side of Timothy Geithner that only few have seen.

Product Identifiers

Publisher
Cornerstone
ISBN-13
9781847941237
eBay Product ID (ePID)
208752535

Product Key Features

Author
Timothy Geithner
Publication Name
Stress Test: Reflections on Financial Crises
Format
Paperback
Language
English
Subject
Economics, Finance
Publication Year
2014
Type
Textbook
Number of Pages
592 Pages

Dimensions

Item Height
234 mm
Item Width
153 mm
Item Weight
803 g

Additional Product Features

Country/Region of Manufacture
United Kingdom
Title_Author
Timothy Geithner
Genre
Biographies & True Stories

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Picture 1 of 6

Stress Test: Reflections on Financial Crises by Timothy Geithner (Paperback, 2014)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Adult Learning & University

Australia: William Blandowski's illustrated encyclopaedia of Aboriginal life by Luise Hercus, Mark Dugay-Grist, Harry Allen, Brook Andrew (Paperback, 2010)

Collaborating with the Enemy: How to Work with People You Dont Agree with or Like or Trust by KAHANE (Paperback, 2017)

Pedagogy of the Oppressed by Paulo Freire (Paperback, 2017)

Owning Your Own Shadow by Robert A Johnson (Paperback, 2009)

The Wretched of the Earth by Frantz Fanon (Paperback, 2001)

Gemstones and Minerals of Australia by Gayle Sutherland, Lin Sutherland (Paperback, 2021)

Stiff: The Curious Lives of Human Cadavers by Mary Roach (Paperback, 2004)

Save on Adult Learning & University

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