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Andrew Ross Sorkin, the news-breaking New York Times journalist, 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, 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 unprecendented 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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Previews available in: English
Subjects
Financial crises, History, Global Financial Crisis, 2008-2009, New York Times bestseller, nyt:paperback_nonfiction=2010-09-05, USA / Regierung, Government policy, Bank failures, Business failures, Finanzkrise, Bankenkrise, Rettung, Economic conditions, Securities industry, United states, economic conditions, 2001-2009, Global financial crisis, 2008-2009Places
United StatesTimes
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Too big to fail: the inside story of how Wall Street and Washington fought to save the financial system from crisis--and themselves
2009, Viking
in English
0670021253 9780670021253
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Too big to fail: the inside story of how Wall Street and Washington fought to save the financial system from crisis--and lost
2009, Viking
in English
0670021253 9780670021253
|
zzzz
|
6
Too big to fail: the inside story of how Wall Street and Washington fought to save the financial system from crisis--and themselves
2009, Viking
in English
0670021253 9780670021253
|
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Book Details
Edition Notes
Includes bibliographical references (p. 585-586) and index.
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