Too Big to Fail Audiobook
Introduction
Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System – and Themselves Audiobook, also known as Too Big to Fail: Inside the Battle to Save Wall Street Audiobook, is a non-fiction audiobook by Andrew Ross Sorkin chronicling the events of the 2008 financial crisis and the collapse of Lehman Brothers from the point of view of Wall Street CEOs and US government regulators.
It won the 2010 Gerald Loeb Award for Best Business Book, and was shortlisted for the 2010 Samuel Johnson Prize and the 2010 Financial Times and Goldman Sachs Business Book of the Year Award.
The audiobook was adapted in 2011 for the HBO television movie Too Big to Fail.
Overview
Too Big to Fail Audiobook provides an overview of the financial crisis of 2007–08 from the beginning of 2008 to the decision to create the Troubled Asset Relief Program (TARP). The audiobook tells the story from the perspectives of the leaders of the major financial institutions and the main regulatory authorities.
Andrew Ross Sorkin delivers the first true behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami. From inside the corner office at Lehman Brothers to secret meetings in South Korea, and the corridors of Washington, Too Big to Fail is the definitive story of the most powerful men and women in finance and politics grappling with success and failure, ego and greed, and, ultimately, 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 financial system would experience.
Through unprecedented access to the players involved, Too Big to Fail re-creates all the drama and turmoil, revealing never disclosed details and elucidating how decisions made on Wall Street over the past decade sowed the seeds of the debacle. This true story is not just a look at banks that were “too big to fail,” it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
Should I listen to the Too Big To Fail Audiobook?
Winner of the 2010 Gerald Loeb Award for Best Business Book • One of The Economist’s Best Books of 2010 • One of the Financial Times’ Best Books of 2010 • One of Business Week’s Best Books of 2010 • CEO Read’s Best Book of 2010
“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
“Vigorously reported, superbly organized . . . For those of us who didn’t pursue MBAs—and have the penny-ante salaries to prove it—Sorkin’s book offers a clear, cogent explanation of what happened and why it matters.” —Julia Keller, Chicago Tribune
Too Big to Fail: Inside the Battle to Save Wall Street Audiobook – END