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
Timothy F. Geithner was the seventy-fifth secretary of the U.S. 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.
Sensational ... Tim's book will forever be the definitive work
on what causes financial panics and what must be done to stem them
when they occur. -- Warren Buffett
Deals with issues far bigger than anything on the Man Booker
long list. -- Anne Ashworth * The Times *
Stress Test is an absolutely compelling account of the financial
crisis, written in a clear, graceful style with striking honesty at
every step along the way. -- Doris Kearns Goodwin
This is a lucid, fascinating, and extremely important book
... Geithner does something unusual: he engages in substance. With
both insight and humility, plus a good dose of wry humor, he
explains what really happened during the financial crisis. No
matter your political persuasion, you will find this book
educational, enlightening, and interesting. -- Walter Isaacson
A fascinating memoir about life in the maelstrom of the
financial crisis ... Earlier books have described much of what
happened that September, but Geithner was present for all the
frantic meetings, the thousands of phone calls - and in the case of
Lehman, the failure to find a buyer that could keep it alive. New
problems cropped up almost weekly, if not daily. He explains each
in easy-to-understand language and what the issues were that shaped
the responses... There could be another crisis someday, of course,
but what Geithner and his colleagues did has made one far less
likely. * USA Today *
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