To Big to Fail suggests this.
Reader comment on: National Review Defends the Fed
Submitted by Lyle (United States), Dec 8, 2009 18:01
Too big to fail suggests that in an environment where reflection was not possible and the world seemed to be tottering at the edge of the abyss, the decisions were made. Many of the principals were apparently sleep deprived and running on nerves only. Paulson evidently threw up twice that is known over the whole issue. So while the book does not say so I would say that the whole crew were freaked out of their minds by what was happening at the time. Note that when running on nerves, Predictably Irrational, suggests that we make different decisions than when coldly rational. It is only human to do so.
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