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Stress Test
A review of

Stress Test

Reflections on Financial Crises

Timothy F. GeithnerCrown • 2014

No Safe Path

by David Meyer

A former secretary of the Treasury provides candid details of every decision during and after the 2008 financial crisis.

In this New York Times, Los Angeles Times and Washington Post bestseller, Timothy F. Geithner – former president of the Federal Reserve Bank of New York  and former secretary of the Treasury under President Barack Obama – details his crucial role in the 2008 financial crisis and its aftermath. Geithner reveals the brutal decisions and unpopular compromises that the crisis demanded with a frankness unusual for someone in US public service and with a minimum – though not a total absence – of self-justification.

The Economist called this “a how-to manual for anyone faced with a financial crisis…Mr. Geithner was known for his brutal candor, and as an author, he does not disappoint.” Time found this “an unsparing insider’s account of the financial crisis…unpacking the hard decisions and terrible trade-offs that devastated the economy but staved off a deep, lasting depression.”


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