In Fed we trust : Ben Bernanke's war on the great panic / David Wessel.
By: Wessel, David.
Publisher: New York : Three Rivers Press, c2010Edition: 1st pbk ed.Description: x, 341 p. ; 21 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780307459695 (pbk.).Subject(s): Bernanke, Ben | Board of Governors of the Federal Reserve System (U.S.) | Banks and banking, Central -- United States | Financial crises -- United States | Monetary policy -- United StatesGenre/Form: Print books.| Current location | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|
| On Shelf | HG2565 .W47 2010 (Browse shelf) | Available | AU00000000012129 |
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| HG2563 .J33 2016 Fed power : how finance wins / | HG2563 L69 2015 America's bank : the epic struggle to create the Federal Reserve / | HG2563 .M36 2011 The new Lombard Street : how the Fed became the dealer of last resort / | HG2565 .W47 2010 In Fed we trust : Ben Bernanke's war on the great panic / | HG2613.N54 M6613 2010 The house of Morgan : an American banking dynasty and the rise of modern finance / | HG2626.S654 W374 2013 The lost bank : the story of Washington Mutual--the biggest bank failure in American history / | HG2974 .C375 2015 Introduction to banking / |
"How the federal reserve became the fourth branch of government"--Cover.
"With an epilogue on how the U.S. economy--and Ben Bernake--fared in 2010"--Cover.
Originally published in hardback by Crown Business in 2009.
Includes bibliographical references (p. [325]-326) and index.
Whatever it takes -- Let Ol' Lehman go: the pivotal weekend of September 12-14, 2008 -- "Periodical financial debauches": the long forgotten history of the Fed -- Age of delusion: what Greenspan wrought -- There are Jews in Boston, too: who is Ben Bernanke? -- Pas de Deux: the Great Panic begins in August 2007 -- The four musketeers: Bernanke's brain trust: Bernanke, Kohn, Warsh, and Geithner -- RE: RE: RE: RE: RE: RE: Blue Sky: The Fed's first response to the Great Panic -- Running from behind: how the Fed got behind the curve, and how it caught up -- "Unusual and exigent": Bear Stearns, the first rescue -- Fannie, Freddie, and "Feddie": taking over Freddie Mac and Fannie Mae, and pondering next steps -- Breaking the glass: the fallout from Lehman and AIG and going to Congress--finally -- "Socialism with American characteristics": forcing taxpayer capital on the banks -- Word of ZIRP: the Fed gets rates to zero -- Did Bernanke keep his promise to Milton Friedman?: the early verdict -- It could have been worse.
In this penetrating look inside the most powerful economic institution in the world, the Federal Reserve, David Wessel illuminates its opaque and undemocratic inner workings, while revealing how its chairman Ben Bernanke led the desperate effort to prevent the world's financial engine from grinding to a halt.