Too Big to Fail
The book is interesting, detailed and crammed with an ‘insider’s’ perspective as the drama that precipitated the ‘Great Recession’ unfolded. Sorkin provides a lot of inside information about what was going on inside the Federal Reserve, the U.S. Treasury, the big Wall Street firms and in the Bush White House as the dominoes started falling. You’ll enjoy learning why the original TARP document was only eleven pages long; what made John Mack at Mogan Stanley angry, what Lehman Brothers’ Richard Fuld was doing to try to keep the ship from sinking and what was going on in mind of Hank Paulson and his secret meeting with the Board of Goldman prior to the crash.
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