Firefighting: The Financial Crisis and Its Lessons

Firefighting: The Financial Crisis and Its LessonsFrom the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big picture synthesis from why it happened to where we are now. In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so

From the three primary architects of the American policy response to the worst economic catastrophe since the Great Depression, a magnificent big-picture synthesis--from why it happened to where we are now.

In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis ten years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises. Firefighting provides a candid and powerful account of the choices they and their teams made during the crisis, working under two presidents and with the leaders of Congress.

Binding Type: Paperback
Publisher: Penguin Group
Published: 04/16/2019
ISBN: 9780143134480
Pages: 240
Weight: 0.40lbs
Size: 7.70h x 5.10w x 0.70d

Review Citations: Kirkus Reviews 02/15/2019
Library Journal 04/01/2019 pg. 99