Too Big to Fail

By Andrew Ross Sorkin,

Book cover of Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves

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…

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Why read it?

1 author picked Too Big to Fail as one of their favorite books. Why do they recommend it?

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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