Summary of Timothy F. Geithner's Stress Test

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 I had a normal childhood, with just a few exceptions. I was a good student, never a great one. I was a decent athlete, and not particularly ambitious or hardworking. I grew up in a big, close, raucous family with a lot of love and laughter, and I never took life too seriously.

#2 My father was a German immigrant who settled in north Philadelphia and ran a small business as a cabinetmaker. He went to a public high school, where he was a star athlete and class president. The U. S. military paid his way through Dartmouth, where he made Phi Beta Kappa. He then spent four years as a Navy pilot.

#3 I went to an American International School in India, and I did American-kid things like join the swim team and play baseball. But unlike Foreign Service families, who were usually stationed at the embassy compound, we lived with other expats in an Indian neighborhood called Friends Colony.

#4 I had no idea what I wanted to do with my life, so I just did whatever I felt like doing. I was relatively free of angst, but I had no commercial influences in my life. I didn’t think about how I would earn a living.

• Language: English
• Publisher: IRB Media
• Release date: May 5, 2022
• ISBN: 9798822501584

IRB Media

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Insights on Timothy F. Geithner's Stress Test

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 1

#1

I had a normal childhood, with just a few exceptions. I was a good student, never a great one. I was a decent athlete, and not particularly ambitious or hardworking. I grew up in a big, close, raucous family with a lot of love and laughter, and I never took life too seriously.

#2

My father was a German immigrant who settled in north Philadelphia and ran a small business as a cabinetmaker. He went to a public high school, where he was a star athlete and class president. The U. S. military paid his way through Dartmouth, where he made Phi Beta Kappa. He then spent four years as a Navy pilot.

#3

I went to an American International School in India, and I did American-kid things like join the swim team and play baseball. But unlike Foreign Service families, who were usually stationed at the embassy compound, we lived with other expats in an Indian neighborhood called Friends Colony.

#4

I had no idea what I wanted to do with my life, so I just did whatever I felt like doing. I was relatively free of angst, but I had no commercial influences in my life. I didn’t think about how I would earn a living.

#5

I had a difficult time adjusting to life in Dartmouth, New Hampshire, in 1979. I was an unexceptional and mostly uninspired student. I had good friends, but I was not part of the fraternity mainstream on campus.

#6

I was a registered Republican, but with little conviction. I had no passion for politics. I took pictures of the 1980 primary campaign for the college newspaper, but I don’t remember if I even voted that year. I did not want to spend my life as an observer. I wanted to do things.

#7

I graduated from Dartmouth in 1983. I had been considering the Foreign Service, but eventually decided to go straight to graduate school. I applied to a bunch of master's programs in public policy, and eventually chose the School of Advanced International Studies at Johns Hopkins.

#8

I spent my summer after college shucking oysters on the Cape, then moved to Washington with Carole to start our new life together. I applied for the Presidential Management Intern Program, a favored path to top executive branch civil service jobs, but I didn’t get it.

#9

I was now supposed to be an Asia specialist. I had never worked in government, but I had always wanted to be a bureaucrat. I applied to the international division of the Treasury, which was at the center of what I thought were the most interesting policy issues of that time.

#10

I was a seriously late bloomer when it came to my career. I had spent so much of my life apart from America that I wanted to work for my country. I was completely unprepared when I arrived at the Treasury, but I learned fast.

Insights from Chapter 2

#1

I was assigned to write an analysis of what European financial integration could mean for the United States, a topic I knew nothing about. I enjoyed the feel of creating something new, starting from a blank slate.

#2

I was in charge of opening up Japanese markets to U. S. firms, especially financial firms. The George H. W. Bush administration was concerned about Japanese trade barriers, and wanted to get them to provide a more level playing field.

#3

I had mixed feelings about the American policies that ended up doing some good in Japan. I was preoccupied with work, so I began the lessons late, and had only three sessions with an embarrassed tutor before Carole's water broke at an embassy reception three weeks before her due