Regular price: $42.00
Buy Now with 1 Credit
Buy Now for $42.00
Initially, I didn't even consider listening to this book since I'm well aware of current events, and I thought it would be repetitive. After all, didn't we get enough of the daily harping on the factors contributing to our economic crisis? But The Economist listed it as one of the best books of the year, so I thought I would give it a try. In fact, Too Big to Fail is not a dull chronology of the events leading up to Lehman's failure and the creation of TARP; rather, it exposes the sentiments, conversations, decisions, and intentions of every major player and government figure involved with Wall Street's financial rescue. It reads like a suspense novel and is full of gossipy, fascinating tidbits which one would never hear on the news.
Sorkin's awareness of private conversations and correspondence between government regulators and the investment banking firms' staff is absolutely incredible. Since there haven't been any lawsuits accusing Sorkin of slander, I can only assume that they are truthful portrayals. He must have convinced friends, spouses, government staffers and high-level figures alike to recount everything they had witnessed, heard, or said. I don't know how he managed to do all of that and publish the book in such a short amount of time, but it's pretty impressive.
27 of 27 people found this review helpful
This is the 4th book I have listened to on the market meltdown of 2008 and this is by far the best. The others focused on the downturn from the perspective of a particular firm while this one gave detailed descriptions of the events that led to it. Clearly, Sorkin has gotten incredible access to the big players both in the government and the private sector to put together an absoltuely riveting book. I have listened to a long list of books on the economy and finance and this is by far my favorite. It's a great listen.
26 of 26 people found this review helpful