The Inside Story of How Wall Street and Washington Fought to Save the Financial System - and Themselves
A real-life thriller about the most tumultuous period in America's financial history by an acclaimed New York Times reporter. Andrew Ross Sorkin delivers the first true, behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami.
From inside the corner office at Lehman Brothers to secret meetings in South Korea and the corridors of Washington, Too Big to Fail is the definitive story of the most powerful men and women in finance and politics grappling with success and failure, ego and greed, and, ultimately, the fate of the world's economy.
"We've got to get some foam down on the runway!" a sleepless Timothy Geithner, the then-president of the Federal Reserve of New York, would tell Henry M. Paulson, the Treasury secretary, about the catastrophic crash the world's financial system would experience. Through unprecedented access to the players involved, Too Big to Fail re-creates all the drama and turmoil, revealing neverdisclosed details and elucidating how decisions made on Wall Street over the past decade sowed the seeds of the debacle.
This true story is not just a look at banks that were "too big to fail"; it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
Customer ReviewsSee All
Worth reading as long as you have the time
Quite lenghty with details surrounding the lifes of the key players involved with the bailout. I'm not a business major so I was surprised that this book was able to keep my attention. I would recommend this book to those that are interested in the lifes of the people that were involved in the bailout- puts a more human perspective to such a tradedy.
Extremely Well Written and Well Told!
Pure and simply an execellent book. One that likely had to have taken for ever to research and gather information to write this. I can't imagine putting a book of this level together. Andrew and his team did a fantastic job. I listened to the unabridged audio book. Even the narrator did an excellent job. Great work! Read this one people! Very educational, eye opening and shocking.
Great Book: How About More Than Three Tracks for 21 Hours!!!!
Nuff said....Apples's good at form but not so much on function.