'Too Big to Fail' is the inside story of how Wall Street and Washington fought to save the financial system - and themselves.
A real-life thriller about the most tumultuous period in America's financial history by an acclaimed New York Times Reporter.
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 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 with a cast of bold-faced names who themselves thought they were too big to fail.
Vic Daniels, publisher of Here Is The City, says: 'If you read just one book about the financial crisis, make sure it is this one. Fast-paced and extremely informative, Sorkin's access to some of the main players provides a unique blow-by-blow account of the debates and decisions that succeeded in bringing the financial system back from the brink'.
Published by Penguin Books.