The Courage to Act: A Memoir of a Crisis and Its Aftermath Audiobook | BooksCougar

The Courage to Act: A Memoir of a Crisis and Its Aftermath Audiobook

The Courage to Act: A Memoir of a Crisis and Its Aftermath Audiobook

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In 2006, Ben S. Bernanke was appointed seat of the Federal Reserve, the unexpected apex of an individual journey from small-town South Carolina to prestigious academic appointments and lastly public program in Washington’s halls of power.

There will be little time to celebrate.

The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities from the global economic climate, bringing it towards the brink of meltdown. In the implosion from the investment bank Keep Stearns to the about The Courage to Act: A Memoir of a Crisis and its own Aftermath unparalleled bailout of insurance giant AIG, efforts to arrest the economic contagion consumed Bernanke and his team at the Given. Around the clock, they fought the turmoil with every device at their removal to keep the USA and world economies afloat.

Dealing with two U.S. presidents, and under fire from a fractious Congress and a general public incensed by behavior on Wall Street, the Fed-alongside co-workers in the Treasury Department-successfully stabilized a teetering economic climate. With imagination and decisiveness, they prevented an economic collapse of unimaginable range and went on to build the unorthodox programs that could help revive the U.S. economy and be the model for additional countries.

High with detail from the decision-making process in Washington and indelible portraits from the main players, The Courage to Act recounts and explains the worst financial crisis and financial slump in the us since the Great Depression, providing an insider’s account from the policy response.

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