All the Devils Are Here: The Hidden History of the Financial Crisis
The New York Times bestseller hailed as "the best business book of 2010" (Huffington Post).
As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?
According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.
All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.
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Review: All the Devils are Here: The Hidden History of the Financial CrisisUser Review - Lisa Cindrich - Goodreads
Well. Just the fact that I was at all able to understand what was going on as the authors described structured investment vehicles and synthetic CDOs and credit default swaps and piggyback mortgages ... Read full review
Review: All the Devils are Here: The Hidden History of the Financial CrisisUser Review - Erika Johansen - Goodreads
If you're like me, you read the headlines in 2007-2008 and understood what was going on...sort of. I wasn't comfortable enough to hold up a conversation about what caused the crisis and had no clue ... Read full review
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
Bethany McLean,Peter Elkind
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