Book Review: "Too Big to Fail: The Inside Story of How Wall Street & Washington Fought to Save the Financial System – & Themselves", By Andrew Ross Sorkin

Publisher Synopsis:


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, greed, and, ultimately, the fate of the world's economy.

"We've got to get some foam down on the runway!" a sleepless Timothy Geithner, the president of the Federal Reserve of New York would tell Henry M. Paulson, the Treasury Secretary about the catastrophic crash of the world's financial system would experience.

Through unprecedented access to the players involved, Too Big to Fail recreates all the drama and turmoil, revealing never-disclosed 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 ‘too big to fail’, it is a real-life thriller about a cast of bold-faced names who themselves thought they were ‘too big to fail’.

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