All posts tagged: David Wessel

Summer Reading – 2009 Version

Last August I wrote a blog on summer reading lists, where I opined that summers are for checking out lighter topics than war, death and other such critical issues. But this summer I’ve back-tracked a bit on that perspective.  Perhaps it is the reality of the economy.  Perhaps it was the good reviews.  But in any case, I began my time off this summer with In Fed We Trust:  Ben Bernanke’s War on the Great Panic. David Wessel’s insightful look at how the Federal Reserve responded to the recession and Great Panic of 2007-2009 is informative, sobering – and a very good read.  Wessel is the economics editor for the The Wall Street Journal and writes with clarity and urgency.  It is all here – the rescue of Bear Stearns, the collapse of Lehman Brothers, and the government moves to take over AIG and Fannie Mae.  And the story is as fresh as today’s headlines.  For those of us who are not economics majors, this is a great introduction to understanding one part of the …