Firefighting

In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson reflected on the lessons of the 2008 financial crisis ten years on. Recognizing that people tend to forget the lessons from history, they examined the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provided their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises. Firefighting: An Insider’s Account of the Financial Crisis is a candid and powerful account of the choices they and their teams made during the crisis, working under two presidents with Congress.