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Too Big to Fail

640 pages, 2010

Takeaways
Description

This updated edition of Too Big to Fail includes a new afterword to mark the 10th anniversary of the financial crisis. The 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, based on first-hand reporting by New York Times columnist Andrew Ross Sorkin and adapted into an HBO film starring Emmy-winner Paul Giamatti.

The Power of Financial Institutions

In 'Too Big to Fail', Andrew Ross Sorkin explores the immense power that financial institutions hold. He shows how their actions can have a domino effect on the global economy, leading to catastrophic consequences. It's a fascinating look into the world of high finance and the risks involved.

The Role of Government in Financial Crises

The book also delves into the role of government during financial crises. Sorkin shows how the government's decisions can either mitigate or exacerbate the crisis. It's a great read if you're interested in understanding the complex relationship between finance and politics.

The Human Element in Financial Crises

Sorkin doesn't just focus on the institutions and the government, he also highlights the human element in these crises. He shows how the decisions of a few individuals can have far-reaching effects. It's a sobering reminder of the responsibility that comes with power.

The Importance of Accountability

One of the key takeaways from 'Too Big to Fail' is the importance of accountability. Sorkin argues that without proper checks and balances, financial institutions can make risky decisions with impunity. This book will make you see the importance of accountability in a whole new light.

The Need for Financial Literacy

Finally, 'Too Big to Fail' underscores the need for financial literacy. Sorkin shows how a lack of understanding of financial systems can lead to disastrous consequences. It's a compelling argument for why we should all strive to be more financially literate.

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walmart
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Quotes 3

Andrew Ross Sorkin's 'Too Big to Fail' is a brilliantly reported, riveting account of a financial crisis that was inevitable and yet seemed impossible.

Warren BuffettWarren Buffett - Investor, Philanthropist

Sorkin's book, 'Too Big to Fail', is the most comprehensive account of the most dramatic financial crisis of our generation.

Ben BernankeBen Bernanke - Economist, Ex-Fed Chairman

Sorkin's 'Too Big to Fail' is a must-read. It's a gripping, fast-paced, and well-researched book about the financial crisis.

Bill GatesBill Gates - Microsoft Co-founder
Warren BuffettBen BernankeBill Gates

Recommendations

3
Bill Gates, entrepreneur and investor and technology and venture capitalist, Recommending BestBooks

Bill Gates

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Max Levchin, entrepreneur and technology and venture capitalist, Recommending BestBooks

Max Levchin

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Jon Stewart, comedian and media personality and politics, Recommending BestBooks

Jon Stewart

comedianmedia personalitypolitics

Too Big to Fail found in libraries

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79 books

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