On The Brink by Henry M. Paulson Jr.

Inside the Race to Stop the Collapse of the Global Financial System

A candid, firsthand account by the U.S. Treasury Secretary during the 2008 global financial crisis that chronicles the frantic days and high-stakes decisions to prevent systemic collapse—negotiating with banks, the Federal Reserve, Congress, and foreign leaders; arranging emergency rescues and the Troubled Asset Relief Program; weighing tradeoffs between moral hazard and financial stability; and reflecting on regulatory failures and reforms needed to reduce the risk of future crises.

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