Insider Accounts of the Financial Crisis
March 22, 2013 12:06 PM
Many financial A-listers have either written books about the financial crisis or are working on them. Among the most recent to announce: Timothy Geithner, who stepped down as Treasury Secretary in January. Following are some notable examples of those taking a crack at writing first drafts of financial crisis history. (Image: Fotolia)
Sen. Elizabeth Warren is planning to write a book about her experience in battling Wall Street over financial reform, including the creation of the Consumer Financial Protection Bureau. Warren revealed her plans to the Boston Globe in an interview, saying it is tentatively titled, "Rigged." (Image: Bloomberg News)
Former Treasury Secretary Tim Geithner struck an agreement with an imprint of Random House to put out a book next year, that promises a "behind the scenes " account of the housing crisis. One key question: will it respond to criticisms leveled at Geithner by other insiders, such as Sheila Bair, that he was the "bailouter-in-chief "? (Image: Bloomberg News)
Speaking of former Federal Deposit Insurance Corp. Chairman Sheila Bair, her account of the financial crisis , "Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself" contained numerous juicy details including her argument that Citigroup "should have been led to the pillory." (Image: Bloomberg News)
Former Treasury Secretary Henry Paulson provides an in-depth account of the financial crisis, including his efforts to convince Congress to pass the Troubled Asset Relief Program and his work with Rep. Barney Frank to reform the government-sponsored enterprises. (Image: Bloomberg News)
A former federal prosecutor, Neil Barofsky served as special inspector general for Tarp for more than two years. In his book, "Bailout: How Washington Abandoned Main Street While Rescuing Wall Street," Barofsky provides some truly memorable anecdotes, including an obscenity-laced tirade from Geithner. (Image: Michael Chu)
It's unclear how much he plans to talk about the financial crisis, but former Rep. Barney Frank, the co-author of the Dodd-Frank Act, is planning to write at least two books. One will focus on the history of the gay rights movement. The other he described as a book about how "liberals can do a better job of winning elections and public policy." (Image: Bloomberg News)
