Dumb Money

  • by Daniel Gross
  • Narrated by Jesse Boggs
  • 3 hrs and 53 mins
  • Unabridged Audiobook

Publisher's Summary

For anyone struggling to understand how our current financial crisis came about, for anyone afraid to look at their 401k, for anyone concerned about the future of the global economy, Daniel Gross is the man to listen to. Known for his candid and informative columns in Newsweek and Slate, Gross has a sharp mind and a deep understanding of the ins and outs of the financial crisis. In this up-to-the-minute account, Gross goes step by step through the timeline leading up to the October 2008 bail-out and explains what exactly happened. Using information and statistics only weeks old, he offers a thorough and enlightening analysis of where we all go from here.


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Customer Reviews

Most Helpful

Newsweek political agenda

Don't waste your time with this political hit piece unless you think the cause of the problem was McCain having 8 houses or John Thain of the then NYSE getting his news from Fox news or the inability of Bush to force regulation on Wall Street Democratic cronies, Feddie Mac and Fannie Mae. Total waste of time. Everything is Bush's fault in this Newsweek writer's opinion. Nothing new to learn.

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- Mark

A witty and fun analysis

I enjoyed this book because I found it exceptionally witty and funny, but to a laymen in financial sector, some of the concept such as hedge fund derrivitives and Credit Default Swaps can be confusing, but it's analysis is still wonderful and insightful, highly diggestible, entertaining and concise essay.
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- Chi-Hung

Book Details

  • Release Date: 02-23-2009
  • Publisher: Simon & Schuster Audio