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Stress Test (book)
''Stress Test: Reflections on Financial Crises'' is a 2014 memoir by former United States Secretary of the Treasury Timothy Geithner, written as an account of the effort to save the United States economy from collapsing in the wake of the 2008 financial crisis. Journalist Michael Grunwald is credited as Geithner's collaborator for the writing. It was listed for five consecutive weeks on ''The New York Times'' Non-Fiction Bestseller list upon its release in May 2014. ''Stress Test'' details how "The financial crisis exposed our system of consumer protection as a dysfunctional mess, leaving ordinary Americans way too vulnerable to fraud and other malfeasance", and notes that "Many borrowers, especially in subprime markets, bit off more than they could chew because they didn’t understand the absurdly complex and opaque terms of their financial arrangements, or were actively channeled into the riskiest deals." Awards and honors Bill Gates William Henry Gates III (born Oc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timothy Geithner
Timothy Franz Geithner (; born August 18, 1961) is an American former central banker who served as the 75th United States secretary of the treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and chairman of Warburg Pincus, a private equity firm headquartered in New York City. As President of the New York Fed and Secretary of the Treasury, Geithner had a key role in government efforts to recover from the 2008 financial crisis and the Great Recession. At the New York Fed, Geithner helped manage crises involving Bear Stearns, Lehman Brothers, and the American International Group; as Treasury Secretary, he oversaw allocation of $350 billion under the Troubled Asset Relief Program, enacted during the previous administration in response to the subprime mortgage crisis. Geithner also managed the administration' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Publishing Group
The Crown Publishing Group is a subsidiary of Penguin Random House that publishes across several fiction and non-fiction categories. Originally founded in 1933 as a remaindered books wholesaler called Outlet Book Company, the firm expanded into publishing original content in 1936 under the Crown name, and was acquired by Random House in 1988. Under Random House's ownership, the Crown Publishing Group was operated as an independent division until 2018, when it was merged with the rest of Random House's adult programs. Crown authors include Jean Auel, Max Brooks, George W. Bush, Eitan Bernath, Deepak Chopra, Ann Coulter, Andrew Cuomo, Giada De Laurentiis, Will Ferrell (as fictional character Ron Burgundy), Gillian Flynn, Jim Gaffigan, Ina Garten, Greg Gutfeld, Mindy Kaling, Rachel Maddow, Jillian Michaels, Barack Obama, Michelle Obama, Theresa Rebeck, Mark Brennan Rosenberg, Judith Rossner, Rebecca Skloot, Suzanne Somers, Martha Stewart, Jonah Goldberg, Mic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Memoir
A memoir (; , ) is any nonfiction narrative writing based on the author's personal memories. The assertions made in the work are thus understood to be factual. While memoir has historically been defined as a subcategory of biography or autobiography since the late 20th century, the genre is differentiated in form, presenting a narrowed focus, usually a particular time phase in someone's life or career. A biography or autobiography tells the story "of a life", while a memoir often tells the story of a particular career, event, or time, such as touchstone moments and turning points in the author's life. The author of a memoir may be referred to as a memoirist or a memorialist. Early memoirs Memoirs have been written since the ancient times, as shown by Julius Caesar's '' Commentarii de Bello Gallico'', also known as ''Commentaries on the Gallic Wars''. In the work, Caesar describes the battles that took place during the nine years that he spent fighting local armies in the G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the Cabinet of the United States, president's cabinet and, by law, a member of the United States National Security Council, National Security Council, and fifth in the U.S. presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the United States Senate Committee on Finance, Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate. The United States Secretary of State, secretary of state, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Grunwald
Michael Grunwald (born August 16, 1970) is an American journalist and author who covers public policy and national politics. A senior writer for ''Politico Magazine'', he previously worked as a journal for ''The Boston Globe'', ''The Washington Post'' and ''Time''. He wrote a boom about the Florida Everglades. He is the author of two widely acclaimed books, ''The Swamp: The Everglades, Florida and the Politics of Paradise'' (2006) and '' The New New Deal: The Hidden Story of Change in the Obama Era'' (2012). He is currently working on a book for Simon & Schuster about food, land and climate change. Life and career Education and occupation Grunwald graduated from Harvard University in 1992. He started his career as a metro reporter for ''The Boston Globe'', then joined ''The Washington Post'', where he served as a national reporter, New York bureau chief and outlook essayist; he wrote the ''Washington Posts lead news story on the September 11 attacks. In 2007, he became a senio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghostwriting
A ghostwriter is a person hired to write literature, literary or journalism, journalistic works, speeches, or other texts that are credited to another person as the author. Celebrities, executives, participants in timely news stories, and political leaders often hire ghostwriters to draft or edit Autobiography, autobiographies, memoirs, magazine articles, or other written material. Memoir ghostwriters often pride themselves in "disappearing" when impersonating others since such disappearance signals the quality of their craftsmanship. In music, ghostwriters are often used to write songs, lyrics, and instrumental pieces. Screenplay authors can also use ghostwriters to either script doctor, edit or rewrite their scripts to improve them. Usually, there is a confidentiality clause in the contract between the ghostwriter and the credited author (or publisher) that obligates the former to remain anonymous, or obligates the latter to not reveal the ghostwriter. Sometimes the ghostwri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Protection
Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law. Such laws are intended to prevent businesses from engaging in fraud or specified unfair practices to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even when they are not the direct purchaser or consumer of that product. For example, government regulations may require businesses to disclose detailed information about their products—particularly in areas where public health or safety is an issue, such as with food or automobiles. Consumer protection is linked to the idea of consumer rights and to the formation of consumer organizations, which help consumers make better choices in the marketplace and pursue complaints against businesses. Entities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Gates
William Henry Gates III (born October 28, 1955) is an American businessman and philanthropist. A pioneer of the microcomputer revolution of the 1970s and 1980s, he co-founded the software company Microsoft in 1975 with his childhood friend Paul Allen. Following the company's 1986 initial public offering (IPO), Gates became a billionaire in 1987—then the youngest ever, at age 31. ''Forbes'' magazine The World's Billionaires, ranked him as the world's wealthiest person for 18 out of 24 years between 1995 and 2017, including 13 years consecutively from 1995 to 2007. He became the first centibillionaire in 1999, when his net worth briefly surpassed $100 billion. According to ''Forbes'', as of May 2025, his net worth stood at US$115.1 billion, making him the thirteenth-richest individual in the world. Born and raised in Seattle, Washington, Gates was privately educated at Lakeside School (Seattle), Lakeside School, where he befriended Allen and developed his computing interests ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 Non-fiction Books
Fourteen or 14 may refer to: * 14 (number), the natural number following 13 and preceding 15 * one of the years 14 BC, AD 14, 1914, 2014 Music * 14th (band), a British electronic music duo * ''14'' (David Garrett album), 2013 *''14'', an unreleased album by Charli XCX * "14" (song), a 2007 song by Paula Cole from ''Courage'' * "Fourteen", a 2000 song by The Vandals from '' Look What I Almost Stepped In...'' Other uses * ''Fourteen'' (film), a 2019 American film directed by Dan Sallitt * ''Fourteen'' (play), a 1919 play by Alice Gerstenberg * ''Fourteen'' (manga), a 1990 manga series by Kazuo Umezu * ''14'' (novel), a 2013 science fiction novel by Peter Clines * '' The 14'', a 1973 British drama film directed by David Hemmings * Fourteen, West Virginia, United States, an unincorporated community * Lot Fourteen, redevelopment site in Adelaide, South Australia, previously occupied by the Royal Adelaide Hospital * "The Fourteen", a nickname for NASA Astronaut Group 3 * Fourte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Books About Economic History
A book is a structured presentation of recorded information, primarily verbal and graphical, through a medium. Originally physical, electronic books and audiobooks are now existent. Physical books are objects that contain printed material, mostly of writing and images. Modern books are typically composed of many pages Bookbinding, bound together and protected by a Book cover, cover, what is known as the ''codex'' format; older formats include the scroll and the Clay tablet, tablet. As a conceptual object, a ''book'' often refers to a written work of substantial length by one or more authors, which may also be distributed digitally as an electronic book (ebook). These kinds of works can be broadly Library classification, classified into fiction (containing invented content, often narratives) and non-fiction (containing content intended as factual truth). But a physical book may not contain a written work: for example, it may contain ''only'' drawings, engravings, photographs, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
