On the Brink: Inside the Race to Stop the Collapse of the Global Financial System

On the Brink: Inside the Race to Stop the Collapse of the Global Financial System

by HankPaulson (Author)

Synopsis

Fast-paced and dramatic re-telling of the financial crisis that nearly bought the developed world to its knees. Hank Paulson was at the absolute epicentre of the recent economic storm, and his account of how he dealt with the greatest financial crisis since the Great Depression makes for absolutely fascinating reading. The book contains all the decisive moments in the economic crisis, including the pivotal meetings with mortgage giants Fannie Mae and Freddie Mac, as well as Paulson's personal recollections of and conversations with President Bush, President Obama, Federal Reserve Chairman Ben Bernanke and current Treasury Secretary Timothy Geithner. As well as detailing the major decisions taken during the crisis, Paulson also puts forth the policies he believes need to be implemented to take us securely into the future.

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More Information

Format: Hardcover
Pages: 458
Publisher: Business Plus
Published: 04 Feb 2010

ISBN 10: 0755360540
ISBN 13: 9780755360543

Media Reviews
'The former US Treasury secretary gives a gripping account of how he battled to prevent complete meltdown in the financial system, with plenty of illuminating detail.' -- Financial Times
Author Bio
Hank Paulson served as US Treasury Secretary between July 2006 and Jan 2009. He previously served as Chairman and CEO of Goldman Sachs. He holds an MBA from Harvard Business School. In 2008, Time magazine named Paulson as a runner-up for Person of the Year, saying, with reference to the global financial crisis 'if there is a face to this financial debacle, it is now his.'