Joh n O. Clark (Tallahassee, Florida) - (REAL NAME) After reading two other well-publicized books on the real estate bubble and following market crash, I felt like I had been had. One book, primarily about Lehman, was shallow and written by an egotistical prima donna. The other was too technical and appeared to not have been edited well.
This book was written by a finanial author and is fair, thorough, and puts everything in perspective. It is well-written and flows for an easy read.
If you have any interest in financial history, this book belongs on your shelf along with other classics like When Genius Failed, Barbarians at the Gate, and the Smartest Guys in the Room. Ignore the poor ratings by those who were disappointed in the Kindle price. That is another issue.
Smythe Note: After reading Too Big to Fail and seeing the movie with an all-star cast ( William Hurt as Hank Paulsen!) I was shocked to read some of the reviews on this book. The usual suspects blaming Congress- how easy it is to blame them- even though most of it is their fault. The movie to see if you are really interested in understanding the economic meltdown in 2008 is Inside Job, Matt Damon narrating. This is a documentary detailing the key players in the mess- most would not appear in order to be interviewed, but those who did gave a pretty fair interpretation of the signature events that turned the world upside down- and also gives insight into why we are still melting down today
This book was written by a finanial author and is fair, thorough, and puts everything in perspective. It is well-written and flows for an easy read.
If you have any interest in financial history, this book belongs on your shelf along with other classics like When Genius Failed, Barbarians at the Gate, and the Smartest Guys in the Room. Ignore the poor ratings by those who were disappointed in the Kindle price. That is another issue.