Stress Test: Reflections on Financial Crises
| Author | : | |
| Rating | : | 4.70 (971 Votes) |
| Asin | : | 0804138613 |
| Format Type | : | paperback |
| Number of Pages | : | 592 Pages |
| Publish Date | : | 2017-03-31 |
| Language | : | English |
DESCRIPTION:
TIMOTHY F. Department of the Treasury and previously served as president and chief executive officer of the Federal Reserve Bank of New York. He wrote this book as a distinguished fellow at the Council on Foreign Relations.From the Hardcover edition.. GEITHNER was the seventy-fifth secretary of the U.S
The decisions he made are easier to criticize than they are to improve upon. But there’s enough detail and retrospective lessons-learned to make it valuable for students of financial history….fast-paced and colorful….Stress Test goes beyond other crisis books.” –Los Angeles Times “Throughout Stress Test, one gains a deep appreciation for the heart-pumping decisions made by Geithner and his colleagues from 2007 through 2012. That in itself was always a sign he was unusually brave.” –Michael Lewis, New York Times Book Review“An intimate take on the financial crisis… gripping… conveys in visceral terms just how precarious things were during the crisis, just how frightened many first responders were, and just what an achievement it was to avert a major depression… Geithner demonstrates that he can discuss economics in an accessible
A Captivating Retelling of the GFC from the Man at the Helm Wilson Morcom Timothy Geithner opens the book with an anecdote on how his poor communication skills resulted in a bungled press conference in the early days of the Obama administration which led to additional market instability. Geithner is unusually honest in his own self-assessment and in recognizing how important the soft skills such as communication were to his job. As a famous politician (wel. C. Adams said on this self-serving story of small minds in a great crisis. Not worth the bother to read for. Boo on this self-serving story of small minds in a great crisis. Not worth the bother to read for those who witnessed the "on this self-serving story of small minds in a great crisis. Not worth the bother to read for" according to C. Adams. Boo on this self-serving story of small minds in a great crisis. Not worth the bother to read for those who witnessed the 2008 crisis.. 008 crisis.. Alfred Strauss said Important book on the Financial Crisis. Good book. Educational.Arrived in good condition.
He takes readers inside the room as the crisis began, intensified, and burned out of control, discussing the most controversial episodes of his tenures at the New York Fed and the Treasury, including the rescue of Bear Stearns; the harrowing weekend when Lehman Brothers failed; the searing crucible of the AIG rescue as well as the furor over the firm’s lavish bonuses; the battles inside the Obama administration over his widely criticized but ultimately successful plan to end the crisis; and the bracing fight for the most sweeping financial reforms in more than seventy years. As president of the Federal Reserve Bank of New York and then as President Barack Obama’s secretary of the Treasury, Timothy F. Secretary Geithner also describes the aftershocks of the crisis, including the administration’s efforts to address high unemployment, a series of brutal political battles over deficits and debt, and the drama over Europe’s repeated flirtations with the economic abyss. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems.From the Hardcover edition.. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won’t b