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Timothy Geithner will release book on 2008 financial crisis

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Manuel Balce Ceneta/AP

(Read caption) Timothy Geithner served as United States Secretary of the Treasury from 2009 until this January.

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Former Secretary of the Treasury Timothy Geithner will write a book about the 2008 financial crisis and his view of how it was handled, which will be released in 2014.

His book, the title of which has not yet been released, will be released by Crown Publishing, an imprint of Random House.

“Secretary Geithner will aim to answer the most important – and to many the most troubling – questions about the choices he and his colleagues made… Secretary Geithner intends to provide a ‘play book’ that future policy makers can draw on and that the public can use to understand how and why governments act in crisis,” the publisher said of the book.

According to Crown, the book will also provide behind-the-scenes insight into how the situation was handled.

“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,” a statement from Crown read.

Geithner served in his position as United States Secretary of the Treasury from 2009 until this past January. He worked at the Federal Reserve Bank of New York as president from 2003 to 2009.


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