First published 2014
Timothy Geithner takes office as Treasury Secretary on January 26, 2009, stepping into the worst economic crisis since the 1930s. The former Federal Reserve Bank of New York President faces impossible choices as markets collapse around him. Lehman Brothers crashes during one brutal weekend. The AIG bonus scandal erupts into public fury. Geithner must craft policies to prevent a second Great Depression while navigating political backlash and public skepticism. He works alongside President Obama, Ben Bernanke, Hank Paulson, and Larry Summers to design controversial but necessary interventions. The administration battles for sweeping financial reforms while managing ongoing crises in Europe and persistent unemployment at home. Geithner reveals the personal cost of making deeply unpopular decisions that ultimately saved the economy but damaged public trust in government.
Genres: business, economics, biography-memoir, 21st-century, academic, american-history
Vibes: intimate, suspenseful, thought-provoking
Tropes: insider-perspective, personal-cost-of-leadership
Setting: United States
Period: 2009
592 pages · Hardcover · Crown