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Too Big To Fail: The Inside Story Of How Wall Street And Washington Fought To Save The Financial System From Crisis — And Themselves (2009)

by Andrew Ross Sorkin(Favorite Author)
4.02 of 5 Votes: 1
ISBN
0670021253 (ISBN13: 9780670021253)
languge
English
publisher
Viking Adult
review 1: Interesting account of what the upper echelon within the government and investment banks were doing between Bear Stearns and TARP. The author even manages to humanize men that at the heart of it all were grabbing cash hand-over-fist and bilking investors all the while they led their companies down the path to ruin. Don't expect much critical analysis of the conditions which created the crisis, that's not the aim here.
review 2: About as historical an account of the 2008 crisis as you can get, written by a financial newspaper man. I recommend reading After The Music Stopped by Alan S Binder, a member of the Federal Reserve at the time, to have a fuller picture of what has happened. To read more about the failure of financial innovation, how it hurts the economy
... more, and how the danger goes unnoticed, read When Genius Failed and The Smartest Guys in the Room, about Long-Term Financial Capital and Enron respectively. Not much different in 2008 than 2000, just bigger and messier. less
Reviews (see all)
jisom01
Good personality driven description of the financial crisis and the government response.
jairsian
A fantastic behind-the-scenes portrayal of the 2008 credit crisis.
killy
Kind of dragged on but good, behind the scenes info.
Pickles
An excellent account of Global Financial Crisis...
sarahskye
Just too long of a book going over the same thing.
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