December 2012
Beginner
593 pages
13h 59m
English
Content preview from From Financial Crisis to Recovery (Collection)Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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7. Fixing the Financial Plumbing
The Treasury Department building, next door to the White House in the middle of Washington DC, projects all that the U.S. financial system would like to be: solid, confident, well appointed but not especially ornate. It is fitting that a statue of Alexander Hamilton stands watch outside. The first U.S. Treasury Secretary knew that his young nation’s economic success depended on repaying the debts it had run up to finance the Revolutionary War.
When I visited the Treasury in spring 2010, the financial system seemed to be falling well short of the aspirations embodied in that building. I was having lunch with Michael Barr, the Assistant Treasury Secretary for Financial Institutions, who was working feverishly on ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.