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Stress Test: Reflections on Financial Crises

Average Rating 3.5
( 25 )
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Most Helpful Favorable Review

17 out of 28 people found this review helpful.

Other reviews for this title are typical Republican propaganda.

Other reviews for this title are typical Republican propaganda. Judge for yourself and don't listen to Boehner/Limbaugh fanatics.

posted by System-Lord-Zarato on May 15, 2014

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Most Helpful Critical Review

11 out of 35 people found this review helpful.

Don't waste your time on Geithner's ongoing justification for ba

Don't waste your time on Geithner's ongoing justification for bailing out Wall Street at expense of average Americans. Read Picketty's Capital, Elizabeth Warren's A Fighting Chance instead.

posted by Lautreamont on May 14, 2014

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  • Anonymous

    Posted May 15, 2014

    Other reviews for this title are typical Republican propaganda.

    Other reviews for this title are typical Republican propaganda. Judge for yourself and don't listen to Boehner/Limbaugh fanatics.

    17 out of 28 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted May 22, 2014

    Don't believe everything you hear about this book. Most of these

    Don't believe everything you hear about this book. Most of these B&N 'political pundit' commenters haven't even opened to the first page. Geithner's book is a surprisingly well written book and calling it propaganda is simply ignorant. This book is not only a detailed account of the 2008 crisis but also a personal narrative of Geithner's feelings and opinions. I would highly recommend this book to anyone who enjoys reading about financial matters and crises. Again, don't dismiss this book because of what others have said. Open it up and judge for yourself.

    6 out of 8 people found this review helpful.

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  • Anonymous

    Posted June 13, 2014

    Having just finished the former Treasury Secretary's book, I hav

    Having just finished the former Treasury Secretary's book, I have to say that it was a very entertaining read and very informative. Unlike many of the journalists and talking heads on TV, Geithner's book discusses the financial crisis from the inside. Anecdotes in the book are backed up through conversations with co-workers, family, and others working closely with him. Not only does the book paint a very different picture of Geithner than what much of the media did during his tenure, it also helps give the reader a sense of his background and why he made the choices he made. In fact it also left me with quite the reading list of books to move on to after this one (Lombard Street by W. Bagehot, Manics Panics and Crashes by C.P. Kindleberger, Complicatiions: Notes from the Life of Young Surgeon by Atul Gawande... and the list goes on).

    While I realize a pessimist may view my review as patronizing, I find hard to believe that most of the 1-Star reviewers have even read the book. It would appear that most of there opinions are a product of what someone else has told them about Geithner rather than reading it for themselves.

    3 out of 4 people found this review helpful.

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  • Posted July 20, 2014

    Highly Recommended and a Great Read!

    Stress Test is a very thought provoking, detailed description of the story behind the Global Financial Crisis of 2008 and the REAL reasons which led to it.

    It is a before, during and after story - a long book but a very worthwhile read!

    1 out of 2 people found this review helpful.

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  • Posted July 19, 2014

    The truth is in the details.

    Special interest groups with their talking points can be so dishonest. Timothy Geithner is now my hero. Great book about a great American Patriot. So glad I read Stress Test.

    1 out of 2 people found this review helpful.

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  • Anonymous

    Posted July 16, 2014

    Very interesting and enlightening read. This is a great follow-u

    Very interesting and enlightening read. This is a great follow-up to Hank Paulson's book "On the Brink" .  Thank you Tim Geithner for your service. 

    1 out of 2 people found this review helpful.

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  • Posted November 19, 2014

    Mr. Geithner has written a great and important book! It's a com

    Mr. Geithner has written a great and important book!
    It's a compelling read!

    If more people will take the time to read this book and to really think about what he describes, it is likely that the anger, polarization, distrust and misunderstanding about the federal government and the Obama administration will be reduced. Also more of us will understand the functions and missions of the Federal Reserve and the Treasury Department.

    Mr. Geithner explains in a clear and readable style the saga of the financial crisis and the actions that were taken during the crisis and after by the Federal Reserve and the Treasury to keep the financial system operating, quell the panic, and support the economy to prevent a full scale depression.

    He continues to describe the process for developing the financial reform legislation that became the Dodd-Frank Act and also the legislation to provide a stimulus to the US economy as a whole, the American Recovery and Reinvestment act.

    Most poignant are his reflections on his regrets; the aspects of his service to the USA that did not turn out as well as he had wished. He describes the inadequacies of the government's programs to come to the aid of people who had lost their homes due to the explosion of the housing bubble. He also wishes he and the rest of the economic team had done a better job of explaining their recovery strategy to the American people.

    It is really impossible for most of us to comprehend the peril we faced or the actions that were taken at anything but a pretty superficial level. The system is just too complex! Also it's really not possible to comprehend the immense amounts of money (100s of billions of dollars) that were involved.

    For me, the most remarkable aspect is that Mr. Geithner's whole career prepared him to lead the rescue operations that he and colleagues implemented to save us from a much greater economic disaster and enable recovery to proceed. Thank you Mr. Geithner!

    PS I recommend that anyone interested in understanding the financial crisis should also read Paul Krugman's "End this Depression Now!"

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  • Anonymous

    Posted June 16, 2014

    Fantastic Read

    What a marvelous history of the Great Recession. God bless you, Mr. Geithner, for your courage and wisdom.

    0 out of 1 people found this review helpful.

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  • Anonymous

    Posted June 3, 2014

    GET FREE IPAD

    Chcikcn

    0 out of 2 people found this review helpful.

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  • Anonymous

    Posted June 17, 2014

    No text was provided for this review.

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