Shop Blog > Recommendation > Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System---and Themselves
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Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System---and Themselves
- Viking Adult
- 2009-10-20
- 38Rank
- $32.95
- See details at Amazon
- Write an introduction
Lengthy, too detailed ...nevertheless a Fascinating Read
The book reads like a movie script at times. It is full of rich dialogues and vivid portrayals of the cast of characters from Goldman, Citi, Morgan Stanley, Bank of America, WaMu, Wachovia, Wells Fargo, JP Morgan, Treasury, Fed, New York Fed, FDIC, and offcourse Lehman and AIG. The author never goes into the financial intricacies that so fundamentally transformed the face of Wall Street after Lehman's fall (I also believe that those events shaped the outcome of the Presidential race). Still the author does extremely well in describing the circumstances and the numerous characters that participated in the saga. The book remains gripping till the end , although the author could have cut down on some unnecessary details like the name of security guard's dog at Lehman !For anyone who is interested in the fall of year 2008's pivotal mergers, acquisitions, failures and various attempted shotgun 'marriages' (Citi with Morgan Stanley; JPMorgan with Morgan Stanley; Morgan Stanley with Goldman ; Goldman with Citi) this book is a must read.
Also these products are selling well.
- The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System
- On the Brink: Inside the Race to Stop the Collapse of the Global Financial System
- The Murder of Lehman Brothers: An Insider's Look at the Global Meltdown
- The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
- Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase
