First Responders: Inside the U.S. Strategy for Fighting the 2007-2009 Global Financial Crisis
Ben S. Bernanke · Henry M. Paulson, Jr. · J. Nellie Liang · Timothy F. Geithner
Feb 2020 · Tantor Media Inc · Narrated by Christopher Grove
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About this audiobook
In 2008, the world's financial system stood on the brink of disaster. The United States faced an unprecedented crisis when the investment bank Lehman Brothers collapsed, setting off a global panic. Faced with the prospect of a new Great Depression, the Treasury Department, the Federal Reserve, the Federal Deposit Insurance Corporation, and other agencies took extraordinary measures to contain the damage and steady the financial system and the economy.
Edited by three of the policymakers who led the government's response to the crisis, with chapters written by the teams tasked with finding policy solutions, this book provides a comprehensive accounting of the internal debates and controversies surrounding the measures that were taken to stabilize the financial system and the economy. Offering previously untold insight into the key choices (including rejected options) and a frank evaluation of successes and failures, this volume is both an important historical document and an indispensable guide for confronting future financial calamities.
Edited by three of the policymakers who led the government's response to the crisis, with chapters written by the teams tasked with finding policy solutions, this book provides a comprehensive accounting of the internal debates and controversies surrounding the measures that were taken to stabilize the financial system and the economy. Offering previously untold insight into the key choices (including rejected options) and a frank evaluation of successes and failures, this volume is both an important historical document and an indispensable guide for confronting future financial calamities.
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About the author
Ben Shalom. Bernanke was born on December 13, 1953 in Augusta, Georgia and was raised in Dillon, South Carolina. He has a Bachelor of Arts degree and a Masters in Economics from Harvard University and a Ph.d in in Economics from Massachusetts Institute of Technology. Bernanke taught at Stanford Graduate School of Business and New York University. He was a professor of economics at Princeton University. He served as chairman of the Federal Reserve from 2006 to 2014. Time magazine named him "Person of the Year" in 2009. Since leaving public servce he has changed his political affiliation from Republican to a moderate Independent. He and his wife Anna have two children.In 2015, his larest book, "The Courage to Act: A Memoir of a Crisis and its Aftermath," became a New York Times bestseller.
Henry M. Paulson, Jr., served as CEO of Goldman Sachs (1999-2006), 74th secretary of the U.S. Treasury (2006-2009), and chairman of the Nature Conservancy (2004-2006). Since leaving Washington, the former Treasury secretary has worked on bridging the gap between the U.S. and China through the Paulson Institute. Paulson is the New York Times best-selling author of On the Brink and Dealing with China: An Insider Unmasks the New Economic Superpower.
Christopher Grove is an award-winning, veteran actor and narrator based in Los Angeles. He guest-stars on top network TV shows and has performed at major theaters around the country, including the Mark Taper Forum and the Public Theater.
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