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Confidence Men: Wall Street, Washington, And The Education Of A President (2011)

by Ron Suskind(Favorite Author)

3.78 of 5 Votes: 5

ISBN

0062092553 (ISBN13: 9780062092557)

languge

English

genre

History & Biography

publisher

Harper

review 1: Catch 22 situation for Obama:In this gripping, revelatory, and brilliantly reported book, acclaimed Pulitzer Prize–winning journalist Ron Suskind tells for the first time the full story of America's financial meltdown and an untested new president charged with commanding Washington, taming Wall Street, rescuing an economy on the verge of collapse, and restoring the confidence of a shaken nation. Suskind moves from the frenzied trading floors of lower Manhattan to the power corridors inside the Beltway and introduces a larger than life cast of politicians and advisors, titans of high finance, reformers, lobbyists, and others who faced a crisis unlike anything they had ever imagined. Based on hundreds of hours of interviews and exhaustive research, filled with piercing ins... moreight and startling disclosures, Confidence Men goes beyond the headlines and previous accounts, bringing into focus the unprecedented struggle between the nation's two capitals–New York and Washington, one of private gain, the other of public purpose–that continues to divide and roil America.About the Author:Ron Suskind is the author of the New York Times bestsellers The Way of the World, The One Percent Doctrine, The Price of Loyalty, and A Hope in the Unseen. From 1993 to 2000 he was the senior national affairs writer for The Wall Street Journal, where he won a Pulitzer Prize. He lives in Washington, D.C.
review 2: An interesting and important read. I found explanations for a lot of things that seemed counter intuitive about the recession and the Obama Administration's handling of it. There is a lot more honesty in this book than you normally see about presidents, especially when they are still in office. It would have been useful if Suskind had spent more time explaining the workings of the derivatives market at the beginning of the book, since so much of what happened started there. There were times that I was reading with blind faith that I would eventually figure out what was going on. Mostly I did, but it didn't need to be quite so challenging. On the whole though, I would recommend this to anyone who wonders what really happened as credit dried up, people lost their jobs and homes and the banks were given Federal money in 2008-10. It is infuriating and unfair, but worth learning about. less

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