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September 2, 2010

BOOK REVIEW: Andrew Ross Sorkin's 'Too Big To Fail'

John Tamny, RealClearMarkets

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The financial struggles of 2008 led to myriad books on why the crack-up occurred, and many have been reviewed here. Andrew Ross Sorkin, a writer for the New York Times, approaches what happened differently.  He has written a very interesting behind-the-scenes account of the people within government and finance who saw the crisis up close.

For those interested in what went down behind closed doors, Sorkin's Too Big To Fail is essential. Thanks to his global access to the individuals involved, the interested reader can expand his or her knowledge about the events behind the events.

Too Big To Fail begins in riveting fashion at J.P. Morgan CEO Jamie Dimon's Park Avenue apartment the day before the collapse of Lehman Brothers. Having spent part of the previous evening at...

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TAGGED: Book Reviews, bailout, Too Big To Fail, housing, Ben Bernanke, Tim Geithner, jamie dimon, Henry Paulson, Andrew Ross Sorkin, John Tamny

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