When hank paulson, the former ceo of goldman sachs, was appointed in 2006 to become the nations next secretary of the treasury. On the brink is the firstperson account of henry paulson, president bushs secretary of the treasury at the time when bear stearns was rescued, lehman brothers wasnt, and the tarp bailout fund. He is the founder and chairman of the paulson institute, and cochairman of the latin american conservation council of the nature conservancy and the risky business project. Paulson refuses to point any fingers to congress or the administration which let us get into this mess. The subtitle is inside the race to stop the collapse of the global financial system, but a better subtitle might have been.
In paulsons book on the brink a bushsarkozy battle. The subtitle is inside the race to stop the collapse of the global financial system, but a better subtitle might have been confessions of a guilty bully. A good look at the financial crisis from paulsons perspective as treasury secretary. Inside the race to stop the collapse of the global financial. Inside the race to stop the collapse of the global financial system by henry paulson. Paulson is admirably, even stunningly forthright about much of this.
Other books include the bestsellers on the brink and dealing with china. Paulson jr when hank paulson, the former ceo of goldman sachs, was appointed in 2006 to become the nations next secretary of the treasury, he knew that his move from wall. More than an account about numbers and credit risks gone bad, on the brink is an extraordinary story about people and politicsall brought together during the worlds impending financial armageddon. Henry paulson discusses financial crisis, new book.
Department of the treasury, june 27, 2006 by united states book. Read on the brink inside the race to stop the collapse of the global financial system with original new material on the five year anniversary of the financial crisis by henry m. Inside the race to stop the collapse of the global financial system. Stream and download audiobooks to your computer, tablet or mobile phone. Businessweek, on paulsons on the brink engaging, wellwritten narrative. You can listen to parts one and two of the omnivoracious podcast of the interview, and read a full transcript, in addition to these excerpts. Henry hank paulson is a man who needs no introduction. Henry m paulson, 9781455551903, available at book depository with free delivery worldwide. Everyone seemed to him to be really great guys who really worked hard. Business, nonfiction, politics and government, financial services industry, united states, united states. Department of the treasury, economic conditions, economic policy, financial crises, global financial crisis, 20082009, biography, history. When hank paulson, the former ceo of goldman sachs, was.
We have a collection of unique signed books, collectible books, rare books, outofprint books, 1st edition books and books with covers made of wood, burlap, metal etc. Inside the race to stop the collapse of the global financial system, talks with bloombergs peter. Former united states secretary of the treasury henry paulson reflects on the economic crisis and shares his new book, on the brink. I never realized that it would be an edge of your seat read. I never would have believed that a book by former secretary treasurer hank paulson would be so thrilling. Henry paulson on the brink download pdf bkiwswbperte. This is more or less the 12th book ive read about the financial crisis of 20072009. Paulson in late january 2010, just before the release of on the brink. Inside the race to stop the collapse of the global financial system henry m.
On the brink is a book written by former treasury secretary henry paulson. Paulson puts the reader in the room for all the intense moments as he addressed urgent market conditions, weighed critical decisions. As treasury secretary, he was a member of the board of directors of the international monetary fund. It gives an insider account of the events that unfolded in the biggest financial crisis that took place since the great depression.
When hank paulson, the former ceo of goldman sachs, was appointed in. Former treasury secretary henry paulson talked about his memoir, on the brink, with berkshire hathaway ceo warren buffett. Inside the race to stop the collapse of the global financial system by henry m. Naturally, in this case it is necessary to consider the bias that could be present. Hank paulsons book is the best one ive found yet for explaining the things that led to the financial crisis of 200708. This case is made persuasively, if inadvertently, in a gripping book by firsttime author henry paulson. Since leaving washington, the former treasury secretary has worked on bridging the gap between east and west through the paulson institute, which he. The former goldman sachs ceo and secretary of the treasury under george w. Paulson had previously served as chairman and chief. The following account of the tense 48 hours preceding the bankruptcy of lehman brothers is excerpted from former treasury secretary hank paulsons new book, on the brink. In his new book, former treasury secretary henry paulson strongly defends the massive bailout of wall street financial firms, including the controversial decision to rescue aig though he neglects to describe the controversial counterparty payments that are the subject of todays congressional hearing, where paulson is set to testify. I may be a little dense, but after reading several books on the subject of the 2008 financial crisis, i still didnt have much of a firm grasp of the series of cascading events that led to the brink.
In on the brink, a principal architect of the bailouts that began in 2008 provides a. Inside the race to stop the collapse of the global financial system with original new material on the five year anniversary of the financial crisis henry m. In the book, secretary paulson discusses the actions he took in response. In on the brink, hank paulson talks about his wifes love for. All these books are recommendable, among them henry paulsons book is very. Review when hank paulson, the former ceo of goldman sachs, was appointed in 2006 to become the nations next secretary of the treasury, he knew that his move from wall street to washington would be daunting and challenging. Henry paulson was for better or worse the leader throughout the crisis. Inside the race to stop the collapse of the global financial system zips through his career including an early stint as an aide in the nixon white house and. Paulson and 20,000 other business, leadership and nonfiction books on getabstract.
Throughout the book, paulson chronologically details his time spent in the treasury and how he dealt with the financial crisis head on. Former secretary of the treasury hank paulson who was at the very epicenter of the crashing financial markets provides a startling, first. Inside the race to stop the collapse of the global financial system reprint, updated by paulson, henry m isbn. Inside the race to stop the collapse of the global financial system with original new material on the five year anniversary of the financial crisis kindle edition by paulson jr. Henry paulsons account of the financial nearcollapse of 2008 is a welcome contribution to the blossoming library of books on this topic. On the brink is a memoir of paulsons time in the center of the crisis. I read it as a counterpoint to micheal lewis the big short and greg zuckermans the greatest trade ever. Paulson was somehow able to gauge unerringly the point at which the lay reader especially a dense one was going. Mar 08, 2010 former treasury secretary henry paulson talks about his new memoir, on the brink, with berkshire hathaway ceo warren buffett. Henry paulson was former ceo of goldman sachs and treasury secretary from 20062009. As the ceo of goldman sachs from 19992006 and then as the treasury secretary of the united states from 20062009, hank paulson has sat across the bargaining table from countless chinese politicians as both a banker and a statesman. Feb 05, 2010 henry paulson s book, on the brink, is one strange piece of work. Inside the race to stop the collapse of the global.
Inside the race to stop the collapse of the global financial system audiobook by henry m. Inside the race to stop the collapse of the global financial system, paulson recounts sarkozys visit to camp david in october 2008 where the french president pressed for a g8 style summit in new york to address financial reform. More than an account about numbers and credit risks gone bad, on the brink is an extraordinary story about people and politics all brought together during the. A look back five years later on what happened, why it did, and could it happen again. On the brink will do little to dispel the notion, which paulson acknowledges, that some republicans believe him to be a closet democrat.
Paulsons account of his tumultuous term as george w. Prior to his role in the department of the treasury, paulson was the chairman and chief executive officer ceo of goldman sachs. The book was released on feb 1, 2010 and as of this writing is the fourth best selling book on. The following account of the tense 48 hours preceding the bankruptcy of lehman brothers is excerpted from former treasury secretary hank paulson s new book, on the brink. Earlier this week, warren buffett and henry paulson appeared in an informal 50minute conversation that focused on paulson and the events he writes about in his book, on the brink. Washington with former treasury secretary henry paulson. Inside the race to stop the collapse of the global financial system during the crisis, major institutions. So here is hank paulson, an atlas holding up the world in his boxer shorts. Henry paulsons book, on the brink, is one strange piece of work. From the man who was in the very middle of this perfect economic storm, on the brink is paulsons fastpaced retelling of the key decisions that had to be made with lightning speed.
As treasury secretary, paulson was a member of the board of governors of the international monetary fund. May 25, 2011 in his new book, former treasury secretary henry paulson strongly defends the massive bailout of wall street financial firms, including the controversial decision to rescue aig though he neglects to describe the controversial counterparty payments that are the subject of todays congressional hearing, where paulson is set to testify. He had served as the chairman and chief executive officer of goldman sachs, and is now chairman of the paulson institute, which he founded in 2011 to promote sustainable economic growth and a cleaner environment around the world, with an initial focus on. Everyday low prices and free delivery on eligible orders. An interview with former treasury secretary henry paulson. In the book, secretary paulson discusses the actions he took in. Paulson had previously served as chairman and ceo of goldman sachs group, inc. Henry paulson on the brink intelligent investor club. When hank paulson, the former ceo of goldman sachs, was appointed in 2006 to become the nations next secretary of the treasury, he knew that his move from wall street to washington henry paulson on the brink krueger books bookstore offers signed and collectible first edition books from todays bestselling authors. We have a collection of unique signed books, collectible books, rare books, outofprint books, 1st edition books and books with covers made of wood. Reviewed by bill breakstone, somers, ny, may 22, 2010. Inside the race to stop the collapse of the global financial systemon the brink gives an insider account of the events that unfolded in the biggest financial crisis that took place since the great depression. Henry paulson s book, on the brink, is one strange piece of work.