EAN: 9780143134480

FIREFIGHTING - BEN S BERNANKE TIMOTHY F GEITHNE...

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.

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