Too Big to Fail
2009 • 600 pages
Ratings13
Average rating4.4
15
Ratings13
Average rating4.4
Download on http://freshbookers.com/ebook/9780670021253/ISBN/Andrew-Ross-Sorkin/free-Too-Big-to-Fail-The-Inside-Story-of-How-Wall-Street-and-Washington-Fought-to-Save-the-Financial-System-and-Themselves-pdf-edition-library.html
Andrew Ross Sorkin, the news-breaking New York Times journalist, 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, Russia 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, 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 president of the Federal Reserve of New York would tell Henry M.Paulson, the Treasury Secretary about the catastrophic crash of the world's financial system would experience.
Through unprecendented access to the players involved, *Too Big to Fail* recreates all the drama and turmoil, revealing never-disclosed 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 about a cast of bold-faced names who themselves thought they were 'too big to fail'.
Reviews with the most likes.
Absolutely gripping read of the near-collapse of the US banking system.
I work in the industry so I watched all of this unfold on CNBC, but these first-person accounts are fascinating.
If you're remotely interested in what happened I highly recommend that you read this book.
It's hard to say that a 535 page book never drags but it never really did. It's written as a novel of the week that nearly killed the American financial system and is a fascinating read if you can take the detail.
The hardest part is keeping all of the “characters” straight but Sorkin provides 8 pages of who is who and who they work for at the beginning if someone can't be remembered.
All in all a fantastic book (again if you are into this sort of thing). Certainly not for everyone but a homerun for those who have an interest in finance and/or government.
