Stress Test - Reflections on Financial Crises-logo

Stress Test - Reflections on Financial Crises

Timothy F. Geithner

New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner's education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama's secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers-in a thick fog of uncertainty, with unimaginably high stakes-helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won't be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. 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. Secretary Geithner also describes the aftershocks of the crisis, inclu

New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner's education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama's secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers-in a thick fog of uncertainty, with unimaginably high stakes-helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won't be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. 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. Secretary Geithner also describes the aftershocks of the crisis, inclu
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Description:

New York Times Bestseller Washington Post Bestseller Los Angeles Times Bestseller Stress Test is the story of Tim Geithner's education in financial crises. As president of the Federal Reserve Bank of New York and then as President Barack Obama's secretary of the Treasury, Timothy F. Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers-in a thick fog of uncertainty, with unimaginably high stakes-helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won't be the last. Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. 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. Secretary Geithner also describes the aftershocks of the crisis, inclu

Language:

English

Length:

18h 24m


Chapters

Chapter 1
Chapter 1

00:11


Chapter 2
Chapter 2

00:13


Chapter 3
Chapter 3

06:10


Chapter 4
Chapter 4

07:37


Chapter 5
Chapter 5

06:38


Chapter 6
Chapter 6

01:39


Chapter 7
Chapter 7

07:37


Chapter 8
Chapter 8

08:30


Chapter 9
Chapter 9

07:50


Chapter 10
Chapter 10

02:10


Chapter 11
Chapter 11

05:38


Chapter 12
Chapter 12

05:43


Chapter 13
Chapter 13

06:04


Chapter 14
Chapter 14

05:16


Chapter 15
Chapter 15

03:59


Chapter 16
Chapter 16

04:39


Chapter 17
Chapter 17

06:19


Chapter 18
Chapter 18

06:53


Chapter 19
Chapter 19

02:52


Chapter 20
Chapter 20

06:21


Chapter 21
Chapter 21

07:02


Chapter 22
Chapter 22

07:08


Chapter 23
Chapter 23

05:03


Chapter 24
Chapter 24

07:20


Chapter 25
Chapter 25

06:53


Chapter 26
Chapter 26

06:28


Chapter 27
Chapter 27

08:49


Chapter 28
Chapter 28

04:51


Chapter 29
Chapter 29

05:39


Chapter 30
Chapter 30

05:55


Chapter 31
Chapter 31

04:26


Chapter 32
Chapter 32

04:40


Chapter 33
Chapter 33

02:22


Chapter 34
Chapter 34

01:45


Chapter 35
Chapter 35

08:01


Chapter 36
Chapter 36

03:35


Chapter 37
Chapter 37

07:06


Chapter 38
Chapter 38

04:42


Chapter 39
Chapter 39

06:11


Chapter 40
Chapter 40

02:48


Chapter 41
Chapter 41

05:21


Chapter 42
Chapter 42

06:17


Chapter 43
Chapter 43

08:38


Chapter 44
Chapter 44

05:31


Chapter 45
Chapter 45

08:44


Chapter 46
Chapter 46

07:33


Chapter 47
Chapter 47

07:22


Chapter 48
Chapter 48

05:06


Chapter 49
Chapter 49

05:11


Chapter 50
Chapter 50

03:55


Chapter 51
Chapter 51

06:16


Chapter 52
Chapter 52

05:57


Chapter 53
Chapter 53

05:27


Chapter 54
Chapter 54

04:18


Chapter 55
Chapter 55

06:00


Chapter 56
Chapter 56

06:27


Chapter 57
Chapter 57

05:37


Chapter 58
Chapter 58

06:24


Chapter 59
Chapter 59

03:45


Chapter 60
Chapter 60

01:37


Chapter 61
Chapter 61

08:18


Chapter 62
Chapter 62

05:29


Chapter 63
Chapter 63

06:56


Chapter 64
Chapter 64

02:21


Chapter 65
Chapter 65

05:31


Chapter 66
Chapter 66

05:56


Chapter 67
Chapter 67

05:34


Chapter 68
Chapter 68

03:07


Chapter 69
Chapter 69

07:52


Chapter 70
Chapter 70

07:34


Chapter 71
Chapter 71

04:14


Chapter 72
Chapter 72

05:30


Chapter 73
Chapter 73

06:10


Chapter 74
Chapter 74

06:05


Chapter 75
Chapter 75

06:28


Chapter 76
Chapter 76

06:29


Chapter 77
Chapter 77

06:04


Chapter 78
Chapter 78

04:34


Chapter 79
Chapter 79

04:58


Chapter 80
Chapter 80

04:32


Chapter 81
Chapter 81

01:32


Chapter 82
Chapter 82

04:57


Chapter 83
Chapter 83

06:15


Chapter 84
Chapter 84

06:58


Chapter 85
Chapter 85

04:27


Chapter 86
Chapter 86

04:41


Chapter 87
Chapter 87

06:15


Chapter 88
Chapter 88

06:02


Chapter 89
Chapter 89

04:29


Chapter 90
Chapter 90

04:09


Chapter 91
Chapter 91

05:21


Chapter 92
Chapter 92

05:37


Chapter 93
Chapter 93

03:38


Chapter 94
Chapter 94

02:00


Chapter 95
Chapter 95

08:51


Chapter 96
Chapter 96

06:37


Chapter 97
Chapter 97

06:14


Chapter 98
Chapter 98

05:58


Chapter 99
Chapter 99

07:42


Chapter 100
Chapter 100

09:00


Chapter 101
Chapter 101

04:22


Chapter 102
Chapter 102

05:07


Chapter 103
Chapter 103

05:25


Chapter 104
Chapter 104

07:00


Chapter 105
Chapter 105

02:02


Chapter 106
Chapter 106

03:39


Chapter 107
Chapter 107

02:13


Chapter 108
Chapter 108

05:39


Chapter 109
Chapter 109

05:35


Chapter 110
Chapter 110

05:03


Chapter 111
Chapter 111

05:00


Chapter 112
Chapter 112

08:21


Chapter 113
Chapter 113

08:09


Chapter 114
Chapter 114

04:35


Chapter 115
Chapter 115

04:41


Chapter 116
Chapter 116

07:03


Chapter 117
Chapter 117

07:00


Chapter 118
Chapter 118

06:53


Chapter 119
Chapter 119

05:16


Chapter 120
Chapter 120

04:57


Chapter 121
Chapter 121

04:25


Chapter 122
Chapter 122

07:32


Chapter 123
Chapter 123

04:37


Chapter 124
Chapter 124

07:39


Chapter 125
Chapter 125

06:34


Chapter 126
Chapter 126

08:40


Chapter 127
Chapter 127

06:02


Chapter 128
Chapter 128

04:57


Chapter 129
Chapter 129

06:38


Chapter 130
Chapter 130

05:17


Chapter 131
Chapter 131

08:07


Chapter 132
Chapter 132

05:01


Chapter 133
Chapter 133

05:33


Chapter 134
Chapter 134

07:50


Chapter 135
Chapter 135

07:46


Chapter 136
Chapter 136

03:56


Chapter 137
Chapter 137

04:56


Chapter 138
Chapter 138

05:59


Chapter 139
Chapter 139

04:29


Chapter 140
Chapter 140

04:46


Chapter 141
Chapter 141

08:38


Chapter 142
Chapter 142

04:18


Chapter 143
Chapter 143

05:40


Chapter 144
Chapter 144

04:53


Chapter 145
Chapter 145

06:10


Chapter 146
Chapter 146

03:56


Chapter 147
Chapter 147

05:08


Chapter 148
Chapter 148

04:21


Chapter 149
Chapter 149

02:30


Chapter 150
Chapter 150

03:59


Chapter 151
Chapter 151

04:46


Chapter 152
Chapter 152

04:56


Chapter 153
Chapter 153

08:37


Chapter 154
Chapter 154

07:54


Chapter 155
Chapter 155

07:09


Chapter 156
Chapter 156

05:16


Chapter 157
Chapter 157

08:31


Chapter 158
Chapter 158

06:24


Chapter 159
Chapter 159

04:23


Chapter 160
Chapter 160

04:36


Chapter 161
Chapter 161

03:45


Chapter 162
Chapter 162

07:12


Chapter 163
Chapter 163

06:44


Chapter 164
Chapter 164

06:27


Chapter 165
Chapter 165

06:41


Chapter 166
Chapter 166

06:26


Chapter 167
Chapter 167

06:20


Chapter 168
Chapter 168

06:14


Chapter 169
Chapter 169

06:24


Chapter 170
Chapter 170

07:09


Chapter 171
Chapter 171

07:53


Chapter 172
Chapter 172

04:32


Chapter 173
Chapter 173

04:27


Chapter 174
Chapter 174

04:18


Chapter 175
Chapter 175

04:52


Chapter 176
Chapter 176

04:27


Chapter 177
Chapter 177

05:20


Chapter 178
Chapter 178

02:48


Chapter 179
Chapter 179

02:45


Chapter 180
Chapter 180

06:49


Chapter 181
Chapter 181

03:55


Chapter 182
Chapter 182

07:28


Chapter 183
Chapter 183

08:15


Chapter 184
Chapter 184

07:29


Chapter 185
Chapter 185

05:43


Chapter 186
Chapter 186

06:19


Chapter 187
Chapter 187

04:40


Chapter 188
Chapter 188

05:58


Chapter 189
Chapter 189

06:56


Chapter 190
Chapter 190

01:25


Chapter 191
Chapter 191

05:54


Chapter 192
Chapter 192

02:54


Chapter 193
Chapter 193

08:29


Chapter 194
Chapter 194

07:09


Chapter 195
Chapter 195

08:05


Chapter 196
Chapter 196

04:28


Chapter 197
Chapter 197

04:00


Chapter 198
Chapter 198

00:26