Thursday, September 23, 2010

Check It Out

On the Brink Inside the Race to Stop the
Collapse of the Global Financial System.
by Henry M. Paulson, Jr.
New Book Shelf HB3722 .P42 2010


As the U.S. secretary of the treasury from July 2006 to January 2009, Henry Paulson was at the center of the recent financial storm and, along with Federal Reserve Chair Ben Bernanke, responsible for preventing it from becoming an economic catastrophe. Mr. Paulson was the point person in the U.S. government's attempts in 2008 to keep the global economy from following Lehman Bros., AIG et al. down the drain.

Paulson goes over the various steps and missteps he and his colleagues took in dealing with the crisis, sharing both his inner thoughts during the crisis and looking back on what was accomplished, thus filling in many of the gaps left by other books on the subject. He offers a rush of minute-by-minute detail, and a personal candour about his thoughts and feelings while he quarterbacked a bailout that he believed was necessary but that ran counter to his core beliefs.

Check out On the Brink Inside the Race to Stop the Collapse of the Global Financial System by Henry M. Paulson, Jr., available now in the library on the New Book Shelf HB3722 .P42 2010

Below is an interview with the former U.S. secretary of the treasury from July 2006 Henry Paulson, discussing his book.


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