The Courage to Act
It was 2006 when Ben Bernanke, a renowned American economist, was designated chair of the Federal Reserve. But the bursting of a housing bubble in 2007 gave him little time to celebrate. The unfortunate crash exposed the covert weaknesses of the global financial system, bringing the financial economy to the brink of meltdown. In this New York Times bestseller, Bernanke accounts the inside story of how his Fed team battled the crisis with every tool at their disposal to prevent an economic collapse of unimaginable scale. Rich with particulars of the decision-making process that went down in Washington and enduring portraits of the key players, The Courage to Act recounts the worst financial crisis and economic slump in America since the Great Depression.