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Timothy Geithner to talk Obama, 2007 financial crisis in new memoir

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Timothy Geithner

Former United States Secretary of the Treasury Timothy Geithner has scored a book deal with Random House imprint Crown Publishers.

Geithner’s memoir, which is slated for 2014, will provide a “behind-the-scenes” look at the financial crisis, specifically offering a “play book” for future policy makers to draw on, as well as helping the public to understand how and why governments act in crisis.

“In telling this inside story, Secretary Geithner will chronicle how decisions were made during the most harrowing moments of the crisis, when policy makers faced a fog of uncertainty, risked catastrophic outcomes, and had no institutional memory or recent precedent to guide them,” Crown Publishers said in a press release.

“He will also describe the relationships, debates about strategy, and strength of collaboration among key decision makers in the crisis, including Hank Paulson, Ben Bernanke, President Obama, senior White House advisers, and finance ministers and central bank governors of other key economies around the world whose own financial fires threatened to derail the U.S. and global recovery.”

Geithner, whose younger brother David Geithner works for Time Inc., stepped down from his position as Treasury Secretary in January.

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