Too Big to Fail (Hardcover) ~ Andrew Ross Sorkin (Author) Cover Art

Too Big to Fail (Hardcover)

By: Andrew Ross Sorkin (Author)

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Publisher's note

An award-winning New York Times reporter presents a moment-by-moment account of the recent financial collapse that documents state efforts to prevent an economic disaster, offering insight into the pivotal consequences of decisions made throughout the past decade.

A real-life thriller about the most tumultuous period in Americaas 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 worldas economy.
aWeave 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 worldas 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 atoo 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.

Annotation

Andrew Ross Sorkin's sobering account of the fast-moving events of the 2009 financial crisis has the makings of a film--with oversized egos, powerful financial corporations, and fast and furious actions by government as they all try to stay just ahead of a wave of failure that threatened the global economy. Sorkin, a reporter for the New York Times, shows how the financial crisis grew, why regulators failed to see or act on the signs, and how Wall Street and Washington saw the same crisis in different ways. He also tells who called the shots on the recovery plan, while providing new information and behind-the-scenes accounts in this study of the flow of money, power, and influence in America.

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