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, 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 world s economy.
We ve got to get some foam down on the runway! 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 world s 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 "too big to fail," it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
"Too good to put down." - Economist
"Sorkin's prodigious reporting and lively writing put the reader in the room for some of the biggest-dollar conference calls in history. It's an entertaining, brisk book…Sorkin skillfully captures the raucous enthusiasm and riotous greed that fueled this rational irrationality." - The New York Times - Paul M. Barrett
"Sorkin's densely detailed and astonishing narrative of the epic financial crisis of 2008 is an extraordinary achievement that will be hard to surpass as the definitive account . . . as a dramatic close-up, his book is hard to beat." - Financial Times
Andrew Ross Sorkin
Andrew Ross Sorkin (born February 19, 1977) is a Gerald Loeb Award-winning American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the bestselling book Too Big to Fail (2009) and co-produced a movie adaptation of the book for HBO Films (2011).
Sorkin won the Gerald Loeb Award, given for business journalism, in 2005 for breaking news, and in 2010 for his book Too Big to Fail. He also won a Society of American Business Editors and Writers Award for breaking news in 2005 and again in 2006. In 2007, the World Economic Forum named him a Young Global Leader. Also in 2007, SiliconAlleyInsider.com named Sorkin one of New York's "most influential scribes." In 2008, Vanity Fair magazine named Sorkin as one of 40 new members of the "Next Establishment." He is a member of the Council on Foreign Relations.
He is also recognized as one of Scarsdale High School's Distinguished Alumni.
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