Too Big to Fail

Zusatztext Comprehensive and chilling. Time . . . His action scenes are intimate and engaging. The New Yorker Sorkin's prodigious reporting and lively writing put the reader in the room for some of the biggest-dollar conference calls in history. It's an entertaining book! brisk book . . . Sorkin skillfully captures the raucous enthusiasm and riotous greed that fueled this rational irrationality. The New York Times Book Review Brings the drama alive with unusual inside access and compelling detail . . . A deeply researched account of the financial meltdown." BusinessWeek Meticulously researched . . . told brilliantly. Other blow-by-blow accounts are in the works. It is hard to imagine them being this riveting. The Economist Sorkin's densely detailed and astonishing narrative of the epic financial crisis of 2008 is an extraordinary achievement that will be hard to surpass as the definitive account . . . as a dramatic close-up! his book is hard to beat. Financial Times Sorkin's book! like its author! is a phenom . . . an absolute tour de force. The American Prospect Andrew Ross Sorkin pens what may be the definitive history of the banking crisis. The Atlantic Monthly Andrew Ross Sorkin has written a fascinating! scene-by-scene saga of the eyeless trying to march the clueless through Great Depression II. Tom Wolfe Sorkin has succeeded in writing the book of the crisis! with amazing levels of detail and access. Reuters Sorkin can write. His storytelling makes Liar's Poker look like a children's book. SNL Financial Informationen zum Autor Andrew Ross Sorkin is the award-winning chief mergers and acquisitions reporter for The New York Times , a columnist, and assistant editor of business and finance news. He is also the editor and founder of DealBook, an online daily financial report. He has won a Gerald Loeb Award, the highest honor in business journalism, and a Society of American Business Editors and Writers Award. In 2007, the World Economic Forum named him a Young Global Leader. Klappentext Brand New for 2018: an updated edition featuring a new afterword to mark the 10th anniversary of the financial crisis The brilliantly reported New York Times bestseller that goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis, the basis for the HBO film "Too Big To Fail is too good to put down. . . . It is the story of the actors in the most extraordinary financial spectacle in 80 years, and it is told brilliantly." -The Economist In one of the most gripping financial narratives in decades, Andrew Ross Sorkin-a New York Times columnist and one of the country's most respected financial reporters-delivers the first definitive blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world's economy. PROLOGUE Standing in the kitchen of his Park Avenue apartment, Jamie Dimon poured himself a cup of coffee, hoping it might ease his headache. He was recovering from a slight hangover, but his head really hurt for a different reason: He knew too much . It was just past 7:00 a.m. on the morning of Saturday, September 13, 2008. Dimon, the chief executive of ...

ldquo;Comprehensive and chilling.”
—Time

“. . . His action scenes are intimate and engaging.” 
—The New Yorker

“Sorkin’s prodigious reporting and lively writing put the reader in the room for some of the biggest-dollar conference calls in history. It’s an entertaining book, brisk book . . . Sorkin skillfully captures the raucous enthusiasm and riotous greed that fueled this rational irrationality.”
—The New York Times Book Review

“Brings the drama alive with unusual inside access and compelling detail . . . A deeply researched account of the financial meltdown."
—BusinessWeek

“Meticulously researched . . . told brilliantly. Other blow-by-blow accounts are in the works. It is hard to imagine them being this riveting.”
—The Economist

“Sorkin’s densely detailed and astonishing narrative of the epic financial crisis of 2008 is an extraordinary achievement that will be hard to surpass as the definitive account . . . as a dramatic close-up, his book is hard to beat.”
—Financial Times

“Sorkin’s book, like its author, is a phenom . . . an absolute tour de force.”
—The American Prospect

“Andrew Ross Sorkin pens what may be the definitive history of the banking crisis.”
—The Atlantic Monthly

“Andrew Ross Sorkin has written a fascinating, scene-by-scene saga of the eyeless trying to march the clueless through Great Depression II.”
*—*Tom Wolfe

“Sorkin has succeeded in writing the book of the crisis, with amazing levels of detail and access.”
*—*Reuters

“Sorkin can write. His storytelling makes Liar’s Poker look like a children’s book.”
—SNL Financial

Autorentext

Andrew Ross Sorkin is the award-winning chief mergers and acquisitions reporter for The New York Times, a columnist, and assistant editor of business and finance news. He is also the editor and founder of DealBook, an online daily financial report. He has won a Gerald Loeb Award, the highest honor in business journalism, and a Society of American Business Editors and Writers Award. In 2007, the World Economic Forum named him a Young Global Leader.

Klappentext

Brand New for 2018: an updated edition featuring a new afterword to mark the 10th anniversary of the financial crisis

The brilliantly reported New York Times bestseller that goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis, the basis for the HBO film

"Too Big To Fail is too good to put down. . . . It is the story of the actors in the most extraordinary financial spectacle in 80 years, and it is told brilliantly." -The Economist

In one of the most gripping financial narratives in decades, Andrew Ross Sorkin-a New York Times columnist and one of the country's most respected financial reporters-delivers the first definitive blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world's economy.

Leseprobe
PROLOGUE

Standing in the kitchen of his Park Avenue apartment, Jamie Dimon poured himself a cup of coffee, hoping it might ease his headache. He was recovering from a slight hangover, but his head really hurt for a different reason: He knew too much.

It was just past 7:00 a.m. on the morning of Saturday, September 13, 2008. Dimon, the chief executive of JP Morgan Chase, the nation’s third largest bank, had spent part of the prior evening at an emergency, all-hands-on-deck meeting at the Federal Reserve Bank of New York with a dozen of his rival Wall Street CEOs. Their assignment was to come up with a plan to save Lehman Brothers, the nation’s fourth-largest investment bank—or risk the collateral damage that might ensue in the markets.

To Dimon it was …