Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialS ystem—and Themselves Audiobook
Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialS ystem—and Themselves Audiobook
- William Hughes
- Penguin Audio
- 2009-09-22
- 21 h 4 min
Summary:
Andrew Ross Sorkin’s websiteAndrew Ross Sorkin’s interview on Charlie Rose
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Andrew Ross Sorkin delivers the initial true behind-the-scenes, moment-by-moment account of how the greatest financial meltdown because the Great Despair developed into a worldwide tsunami. In the corner workplace at Lehman Brothers to key meetings in South Korea, as well as the corridors of Washington, TOO LARGE to Fail is the definitive story of the very most powerful men and women in finance and politics grappling about TOO LARGE to Fail: The Inside Story of How Wall Street and Washington Fought to save lots of the FinancialS ystem—and Themselves with achievement and failing, ego and greed, and, eventually, 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 economic climate would experience.
Through unprecedented usage of the players involved, Too Big to Fail re-creates all of the drama and turmoil, revealing neverdisclosed details and elucidating how decisions produced on Wall Street within the last 10 years sowed the seed products of the debacle. This true story is not just a look at banks that were “too big to fail,” it really is a real-life thriller with a cast of bold-faced titles who themselves thought they were too large to fail.