Fighting the Financial Crisis of 2008
Set in January 2009, this case summarizes the events surrounding the financial crisis of 2008 as well as leading theories of its origin. Treasury Secretary Henry Paulson must brief the incoming Obama administration on what initiatives have been taken to fight the financial crisis and on what remains to be done. This is an exercise in self-evaluation: What should he say? The case highlights eight notable departures (or "pivots") in public policy.