Stress Test: Reflections On Financial - Crises

: A central thesis is that fighting a financial crisis requires a credibly large commitment of fiscal and monetary policy to re-establish investor confidence.

: He explains the rationale behind controversial decisions, such as the rescue of Bear Stearns , the failure of Lehman Brothers , and the massive AIG bailout. Stress Test: Reflections on Financial Crises

: Geithner describes the high stakes and lack of perfect information facing a small group of policymakers as they attempted to prevent a second Great Depression. : A central thesis is that fighting a