Four months before President Obama was sworn into office, the investment bank Lehman Brothers declared bankruptcy, setting off a panic throughout the country and much of the world. Coming on the heels of the bank bailout and the subprime mortgage crisis, President Obama’s primary focus became the economy. One of the major questions facing his administration now is how well Obama and his team handled the fallout after the economic crash. Noam Scheiber is the author of “The Escape Artists: How Obama’s Team Fumbled the Recovery.”
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