First Responders: Inside the U.S. Strategy for Fighting the 20072009 Global Financial Crisis,New

First Responders: Inside the U.S. Strategy for Fighting the 20072009 Global Financial Crisis,New

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SKU: DADAX0300244444
Brand: Yale University Press
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An insiders view of the U.S. governments response to the 20072009 global financial crisis, recounted by the people who made the key decisionsIn 2008, the worlds 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 governments 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choices (including rejected options) and a frank evaluation of successes and failures, this volume is both an important historical document and an indispensable guide for confronting future financial calamities.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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