Brand New for 2018: an updated edition featuring a new afterword to mark the 10th anniversary of the financial crisis
The brilliantly reported New York Times bestseller that goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis, the basis for the HBO film
“Too Big To Fail is too good to put down. . . . It is the story of the actors in the most extraordinary financial spectacle in 80 years, and it is told brilliantly.” —The Economist
In one of the most gripping financial narratives in decades, Andrew Ross Sorkin—a New York Times columnist and one of the country's most respected financial reporters—delivers the first definitive blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world's economy.
I read the Big Short first then this and the two really helped piece the financial picture and subsequent meltdown nicely. It still amazes me all the power the big Wall Street firms have and makes me really appreciate Warren Buffet's integrity. After reading these books and hearing of the profits they are making and bonuses they are giving out, it really makes me sick. It reinforces that the rich keep getting richer which the average Joe just foots the bill.
The world still hangs in the balance and this book outlines exactly what needs to be done to stop the madness---is anybody listening!
Great book, well written and very engaging! I highly recommend!