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.

Informationen zum Autor Ben S. Bernanke, Timothy F. Geithner, and Henry M. Paulson, Jr. Klappentext "I learned much from this book I had not previously known. Its cautions for the future should be required reading for all policy makers." - Warren Buffett2008 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 response- Ben 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. Zusammenfassung 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.

Autorentext

Ben S. Bernanke, Timothy F. Geithner, and Henry M. Paulson, Jr.

Klappentext

"I learned much from this book I had not previously known. Its cautions for the future should be required reading for all policy makers." - Warren Buffett2008 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 response- Ben 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.

Zusammenfassung
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.