Too Big to Fail
Book description
SHORTLISTED FOR THE BBC SAMUEL JOHNSON PRIZE 2010
They were masters of the financial universe, flying in private jets and raking in billions. They thought they were too big to fail. Yet they would bring the world to its knees.
Andrew Ross Sorkin, the news-breaking New York Times journalist, delivers…
Why read it?
2 authors picked Too Big to Fail as one of their favorite books. Why do they recommend it?
This is, for want of a better word, financial porn.
It won’t explain the underlying issues or even proximate triggers for the global financial crisis of 2008, but no one has ever written a financial book as titillating as Too Big to Fail. Sorkin really brings you into the rooms of power and conveys the sweaty panic that gripped the financial system as it careened over the edge.
From Robin's list on financial history that are genuinely gripping.
This is the definitive book about events in and around the Great Financial Crisis of 2008, the most globally significant banking crash since the Great Depression of the 1930s. The centerpiece is the brilliantly told, ‘in-the-room’ drama of the weekend Lehman Brothers collapsed. Tense and fearless, it is a vivid characterisation of the big beasts responsible for both the disaster and the rescue and of the desperate interplay between them.
From Philip's list on financial history.
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