Geithner has book deal, release scheduled for 2014

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Geithner has book deal, release scheduled for 2014

Geithner has book deal, release scheduled for 2014

AP-

Former Treasury Secretary Timothy Geithner has a book deal.

Geithner has an agreement with Crown Publishers, an imprint of Random House, Inc. Crown announced Thursday that Geithner’s book, currently untitled, is scheduled for 2014 and will provide a “behind-the-scenes” account of the financial crisis.

Few Treasury secretaries received as much attention as Geithner, who has been praised for helping prevent a second Great Depression, but criticized for being too friendly to banks and other financial institutions. He will draw upon his experience at the Treasury during the first term of the Obama administration and his previous job as president of the Federal Reserve Bank of New York, where he served from 2003-2009.

According to Crown, Geithner will write about his work with President Obama, Federal Reserve Chairman Ben Bernanke and other top officials.

“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’s statement reads.

[ASSOCIATE PRESS]

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