From the former Treasury Secretary the definitive account of the unprecedented effort to save the US economy from collapse in the wake of the worst global financial crisis since the Great Depression On 26 January 2009 during the depths of the financial crisis & having just completed five years as President of the Federal Reserve Bank of New York Timothy F Geithner was sworn in by President Barack Obama as the seventy-fifth Secretary of the Treasury of the United States Now in a strikingly candid riveting & historically illuminating memoir Geithner takes readers behind the scenes during the darkest moments of the crisis Swift decisive & creative action was required to avert a second Great Depression but policy makers faced a fog of uncertainty with no good options & the risk of catastrophic outcomes Stress Test Reflections on Financial Crises takes us inside the room explaining in accessible & forthright terms the hard choices & politically unpalatable decisions that Geithner & others in the Obama administration made during the crisis & recovery He discusses the most controversial moments of his tenures at the Federal Reserve Bank of New York & at the Treasury including the harrowing weekend Lehman Brothers went bankrupt; the searing crucible of the AIG bonuses controversy; the development of his widely criticized but ultimately successful plan in early 2009 to end the crisis; the bracing fight for the most sweeping financial reforms in seventy years; & the lingering aftershocks of the crisis including high unemployment the fiscal battles & Europe's repeated flirtations with the economic abyss Geithner also shares his personal & professional recollections of key players such as President Obama Ben Bernanke Hank Paulson & Larry Summers among others & examines the tensions between politics & policy that have come to dominate discussions of the US economy An insider's account of how the Obama administration saved the economy but lost the American people Stress Test reveals a side of Timothy Geithner that only few have seen