By David Wessel
"It is often said that the Fed chairman is the second most powerful person in the world, and when Alan Greenspan left the post in 2005, his successor, Ben Bernanke, along with Treasury Secretary Hank Paulson, would soon face problems that were far more challenging than those of Greenspan's tenure. Wessel's account is a history of the Fed, a biography of Bernanke, and a blow-by-blow account of the decision-making process that took place as Bernanke and Paulson used desperate measures to try to right a rapidly sinking ship. Bernanke failed to anticipate the severity of the financial downturn, but perhaps he did the best that any man could be expected to do. "
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