Too Big to Fail
The Inside Story of How Wall Street and Washington Fought to Save the Financials Ystem---And Themselves
By Andrew Ross Sorkin
(Viking, Hardcover, 9780670021253, 624pp.)
Publication Date: October 20, 2009
List Price: $32.95*
* Individual store prices may vary.
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Andrew Ross Sorkin's interview on Charlie Rose
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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.
Financial journalist Andrew Ross Sorkin discusses his investigation into what really happened one year ago during the financial collapse and bailout. That's the epic tale he tells in his new book Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System — and Themselves. More at NPR.org
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