Courage to Act

Archival Summary & Scope

From Ben S. Bernanke, winner of the 2022 Nobel Prize in Economics and a *New York Times* Bestselling author, comes the definitive insider's account of the 2008 financial crisis. Appointed Federal Reserve Chair in 2006, Bernanke was thrust into the global economic meltdown sparked by the housing bubble. This narrative details his team's round-the-clock fight, from the collapse of Bear Stearns to the AIG bailout, working with two presidents and under intense pressure, to prevent an unimaginable economic collapse. *The Courage to Act* reveals the creative, often unorthodox, policy decisions that stabilized the U.S. financial system and became a model for global recovery, offering rich detail on Washington's decision-making process and the key players in America's worst economic slump since the Great Depression.