The Courage to Act: A Memoir of a Crisis and Its Aftermath [1st. ed] 9780393247213, 9780393247220, 039324721X

Prologue: I can still stop this... -- Main Street -- In the groves of academe -- Governor -- In the maestro's orche

423 92 6MB

English Pages 610 Year 2015

The Courage to Act: A Memoir of a Crisis and Its Aftermath [1st. ed]
9780393247213, 9780393247220, 039324721X

Author / Uploaded
Bernanke
Ben

Table of contents :
Prologue: I can still stop this... --
Main Street --
In the groves of academe --
Governor --
In the maestro's orchestra --
The subprime spark --
Rookie season --
First tremors, first response --
One step forward --
The end of the beginning --
Bear Stearns: Before Asia opens --
Fannie and Freddie: A long, hot summer --
Lehman: The dam breaks --
AIG: "It makes me angry" --
We turn to Congress --
"Fifty percent Hell no" --
A cold wind --
Transition --
From financial crisis to economic crisis --
Quantitative easing: The end of orthodoxy --
Building a new financial system --
QE2: False dawn --
Headwinds --
Taper capers --
Looking back, looking forward.

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