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Related Topics: Business & Economics >> Economic History
Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financialsystem---and Themselves,9780670021253
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Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financialsystem---and Themselves


Author(s): Sorkin, Andrew Ross
ISBN10:  0670021253
ISBN13:  9780670021253
Format:  Hardcover
Pub. Date:  10/20/2009
Publisher(s): Penguin Group USA

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SummaryEditorial Reviews
A real-life thriller about the most tumultuous period in AmericaA'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, 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 and greed, and, ultimately, the fate of the worldA's economy.

A"WeA've got to get some foam down on the runway!A" 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 worldA'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 A"too big to fail,A" it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
Another book on the market tumble. I hesitated, but then I saw Sorkin's credentials as the Gerald Loeb Award-winning chief mergers and acquisitions reporter for the New York Times. Copyright 2009 Reed Business Information.

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