Description
'... plenty of illuminating detail: FINANCIAL TIMES
'... a gripping book... a revealing play-by-play account of the financial crisis! THE WALL STREET JOURNAL
AS US TREASURY SECRETARY, HANK PAULSON FOUND HIMSELF at the very epicentre of the world's most cataclysmic financial crisis since the Great Depression. Major institutions teetered at the edge of collapse. Panic ensnared international markets, and the credit crisis spread to all the major world economies, destroying jobs and undermining the financial security millions of families had spent their lifetimes building.
This was truly a once-in-a-lifetime economic nightmare. Events no one had thought possible were happening in quick succession, and people all over the globe were terrified that the continuing downward spiral would bring unprecedented chaos. All eyes turned to the US Treasury Secretary to avert the disaster.
From the man who was in the very middle of this perfect economic storm, ON THE BRINK is Paulson's fast-paced retelling of the key decisions that had to be made with lightning speed, and how close the world came to financial Armageddon.
ISBN:9780755360567