The Courage to Act: A Memoir of a Crisis and Its Aftermath by Ben S. Bernanke

The Courage to Act: A Memoir of a Crisis and Its Aftermath

Ben S. Bernanke
624 pages
W. W. Norton & Company
Oct 2015
Hardcover
WSBN
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An unrivaled look at the fight to save the American economy.In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington's halls of power.There would be no time to celebrate.The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.
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About this book
Pages 624
Publisher W. W. Norton & Compa...
Published 2015
Readers 0