In Fed We Trust: How the Federal Reserve Became the Fourth Branc... Cover Art

In Fed We Trust: How the Federal Reserve Became the Fourth Branch and Bernanke Battled to Keep the Big Panic from Becoming the Great De (Hardcover)

By: David Wessel (Author)


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Review

"...David Wessel's new book IN FED WE TRUST is essential, lucid--and, it turns out, riveting--reading."

"Forget Stephen King. For readers determined to decipher the baffling collapse of Wall Street, David Wessel's account of what has transpired behind closed doors in Washington over the past couple of years provides a tale that's nothing short of hair-raising."

Annotation

In many people's eyes, The Chairman of the Federal Reserve is the most powerful person after the President of the United States--and surely the most powerful unelected official in our government. Benjamin Bernanke stepped into large shoes when he replaced Alan Greenspan in that key position, but according to David Wessel, he was the right man for the right crisis. Bernanke was an expert on the Great Depression, and that knowledge, says Wessel, along with Bernanke's bold decision-making, forged his responses to the financial crises of 2008-2009.

This breakout book on the financial crisis is Pulitzer Prize-winner Wessel's inside account of the struggle of Federal Reserve Chairman Ben Bernanke and his financial firefighters to keep the Great Panic from becoming the next Great Depression.



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