Sep
03
The Biggest Legacy of the Financial Crisis Is the Trump Presidency
ByHow the forces Obama and Geithner failed to contain reshaped the world we live in.
It was late January 2010, and Treasury Secretary Timothy Geithner sat slumped in a leather chair as the afternoon sun cast shadows across his ornate corner office. He’d just gotten off the phone with Federal Reserve Chairman Ben Bernanke. The economy was, if not exactly healthy, light-years ahead of where it had been when he took the job a year earlier—a moment when the world teetered on the brink of another Great Depression. The financial contagion had been halted. Growth had returned. The stock market was 10 months into a bull run that continues to this day…
The Biggest Legacy of the Financial Crisis Is the Trump Presidency
