Stress Test: Reflections on Financial Crises by Timothy F. Geithner

Stress Test: Reflections on Financial Crises by Timothy F. Geithner

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Timothy F. Geithner’s “Stress Test: Reflections on Financial Crises,” is a well-written and fascinating book that provides readers with an insider’s perspective as they follow Timothy’s role in overcoming the financial crisis of 2008. “Stress Test” reveals a side of Secretary Geithner that hadn’t been seen by the public and details experiences of his life from his childhood living outside of America to how he went on to fight the international financial crisis when he was a U.S. Treasury official in the 1990s. “Stress Test” is a great insight into the period and fascinating documentation of how America faced off another of its great financial crisis and its impact on himself, his family, and the people around him. Furthermore, the “Stress Test” can also be considered by many as a how-to manual for anyone faced with a financial crisis. In the end, the “Stress Test” is a hopeful story about public service. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems.

About the Author

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.

Table of Contents

  • Introduction: The Bombs
  1. An American Abroad
  2. An Education in Crisis
  3. Leaning Against the Wind
  4. Letting it Burn 
  5. The Fall 
  6. “We’re Going to Fix This”
  7. Into the Fire
  8. Plan Beats No Plan
  9. Getting Better, Feeling Worse
  10. The Fight for Reform
  11. Aftershocks
  12. Epilogue: Reflection on Financial Crises
  • Tribute to the Crisis Team
  • Acknowledgments
  • Author’s Note
  • Notes
  • Index