Extended Audio Sample

Download On the Brink: Inside the Race to Stop the Collapse of the Global Financial System Audiobook

Extended Audio Sample On the Brink: Inside the Race to Stop the Collapse of the Global Financial System Audiobook, by Henry M. Paulson Click for printable size audiobook cover
3 out of 53 out of 53 out of 53 out of 53 out of 5 3.00 (682 ratings) (rate this audio book) Author: Henry M. Paulson Narrator: Dan Woren Publisher: Hachette Book Group Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: February 2010 ISBN: 9781600249143
Regular Price: $16.98 Add to Cart
— or —
FlexPass™ Price: $12.95$5.95$5.95 for new members!
Add to Cart learn more )

When Hank Paulson, the former CEO of Goldman Sachs, was appointed in 2006 to become the nation's next Secretary of the Treasury, he knew that his move from Wall Street to Washington would be daunting and challenging.

But Paulson had no idea that a year later, he would find himself at the very epicenter of the world's most cataclysmic financial crisis since the Great Depression. Major institutions including Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch, and Citigroup, among others-all steeped in rich, longstanding tradition-literally teetered at the edge of collapse. Panic ensnared international markets. Worst of all, the credit crisis spread to all parts of the U.S. economy and grew more ominous with each passing day, destroying jobs across America and undermining the financial security millions of families had spent their lifetimes building.

This was truly a once-in-a-lifetime economic nightmare. Events no one had thought possible were happening in quick succession, and people all over the globe were terrified that the continuing downward spiral would bring unprecedented chaos. All eyes turned to the United States Treasury Secretary to avert the disaster.

This, then, is Hank Paulson's first-person account. From the man who was in the very middle of this perfect economic storm, ON THE BRINK is Paulson's fast-paced retelling of the key decisions that had to be made with lightning speed. Paulson puts the reader in the room for all the intense moments as he addressed urgent market conditions, weighed critical decisions, and debated policy and economic considerations with of all the notable players-including the CEOs of top Wall Street firms as well as Ben Bernanke, Timothy Geithner, Sheila Bair, Nancy Pelosi, Barney Frank, presidential candidates Barack Obama and John McCain, and then-President George W. Bush.

More than an account about numbers and credit risks gone bad, ON THE BRINK is an extraordinary story about people and politics-all brought together during the world's impending financial Armageddon. Download and start listening now!

BK_HACH_000399

Quotes & Awards

  • “The primary, and sizable, contribution of this book is the inside view it affords of the often limited powers of the federal government.”

    New York Times Book Review

  • It takes someone with authority to narrate Hank Paulson's inside view of the 2008 collapse and attempted rescue of the global credit and equity markets. Dan Woren performs the task admirably. For financial-markets followers, this account by the Goldman Sachs CEO-turned-policy-maker is a must-listen. Paulson provides a fast-paced, surprisingly nonpartisan story of the nitty-gritty behind the decisions to save some financial institutions (and not others). AudioFile
  • “The former US Treasury secretary gives a gripping account of how he battled to prevent complete meltdown in the financial system, with plenty of illuminating detail.”

    Financial Times

  • “In this fast-moving, insider’s account of “the worst financial crisis since the Great Depression,” [Paulson] tells his side of the story.”

    Publishers Weekly

  • “The facts as Paulson saw them. Drawing on phone call and meeting logs, Paulson offers a unique perspective on the recovery efforts and the thought processes of those involved in shoring up the world’s largest economy.”

    Bookmarks

  • A New York Times Bestseller

Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Sean | 2/8/2014

    " Open honest straightforward as the eagle scout he is.... the best book on the crisis thus far "

  • 2 out of 52 out of 52 out of 52 out of 52 out of 5 Tyson | 2/7/2014

    " A not so entertaining tale of politicians not getting anything done. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Kristen | 2/2/2014

    " The crises of 2007-2008 explained in excrutiating detail. I did not breeze through this book as it was something I'd put down for a month or more, come back to and read 100 pages, and so on. It's interesting on a super-nerd level, but I don't think I'd recommend it if you're looking for some quick answers as to why everything spiraled out of control. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Hal | 1/31/2014

    " Paulson reveals that he is a closet democrat. Had great things to say about Pres Bush, Barney Frank, Ben Bernanke, Tim Geithner and himself. He didn't like McCain. Difficult read but lots of good info. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Joseph | 1/27/2014

    " The book is written in short matter-of-fact sentences and contains few new details. Paulson does reveal the work ethic and communication style of Washington's financial elite. The lack of extremes used to describe the second most extreme economic collapse in a century is a bit surprising. His personal notes reveal insight and behaviors but not much personality (he is a Christian Scientist, intensely rational and does not drink). He is a exceptional man with a exceptional story but is a unexceptional author. Nonetheless, the book may serve as the most complete and accurate recount of the financial collapse that gets published. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Larry | 1/2/2014

    " Very good rendition of the events of 2008. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Karl Hafer, Jr. | 11/18/2013

    " wtf. For such a smart dude, Paulson seems to constantly be trying to fill up pages to make the book look more substantial. He is an ass towards Sheila Bair, who seemed a hell of a lot more reasonable than he did. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Kevin | 6/18/2013

    " I thought this was an excellent account of the events of and leading up to 2008. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Jennifer | 12/27/2012

    " 3 1/2 Stars - Much better than I was expecting "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Bob | 12/26/2011

    " interesting tale. i wonder how much is true. regardless, it's a good read for trying to understand the frame of mind and the thought bases of those who tried to manage a fiasco and developed the bailout. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Kaitlyn | 9/17/2011

    " I would not have picked up this book if I hadn't won it. But I'm very glad I did. It was readable to someone who isn't an expert in the field. I work in government and passed it along to my bosses who are thrilled by the book also. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Abhishek | 8/2/2011

    " right from the horse's mouth about the greatest financial crisis since the great depression "

Write a Review
What is FlexPass?
  • Your first audiobook is just $5.95
  • Over 90% are at or below $12.95
  • "LOVE IT" guarantee
  • No time limits or expirations
About the Author

Henry M. Paulson, Jr., served as the CEO of Goldman Sachs (1999–2006), the secretary of the U.S. Treasury (2006–2009), and the chairman of the Nature Conservancy (2004–2006). He has countless associations with Chinese politicians. Since leaving Washington, the former Treasury secretary has worked on bridging the gap between East and West through the Paulson Institute, which he describes as a “think and do” tank.

About the Narrator

Dan Woren is an American voice actor and award-winning narrator. He has worked extensively in animation, video games, and feature films. He is best known for his many roles in anime productions such as Bleach and as the voice of Sub-Zero in the video game Mortal Kombat. His audiobook narration has won him three AudioFile Earphones Awards.