The year 2008 marked the beginning of the worst financial crisis since the Great Depression. That year, Ben Bernanke was the chairman of the Federal Reserve. He witnessed the infamous collapse of the Lehman Brothers investment bank, the government takeover of mortgage providers Fannie Mae and Freddie Mac, and hundreds of billions of dollars in aid being given to some of the most established U.S. financial institutions. In his new memoir—a 600-word tome entitled The Courage to Act: A Memoir of a Crisis and its Aftermath—Bernanke chronicles in painstaking detail the events of that fateful fall.
Bernanke’s memoir, scheduled to be published Monday, also includes a few details on former Fed chairman’s life prior to the bailouts and rescue program, according to the Associated Press. Here are five things we learned about Bernanke from the AP‘s preview of the book:
- Bernanke grew up in a small town called Dillon in South Carolina. Because he is Jewish, Bernanke was asked if he had horns in elementary school.




