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Crisis Academy (Wellisz)

Crisis academy – veterans of the global financial crisis pass their wisdom on to the next generation by Chris Wellisz published by Finance & Development (12/2018). “It happened again and again in a carreer punctuated by upheavals: the peso crisis of 1994, the Asian crisis of 1997, and finally, the big one – the global financial crisis of 2008. Each time he started a new government job, Timothy Geithner hoped to find a letter from his predecessor, explaining what to do and whom to call if things fell apart. The desk drawer was always empty.”

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