Too big to fail

Fülszöveg

'We just hit the iceberg,' Jaime Dimon, CEO of JPMorganChase, warned his men over dinner just twenty-four hours before Lehman Brothers would file for bankruptcy, Merrill Lynch would sell itself to Bank of America, and the insurance giant A.I.G. would teeter - all within one afternoon. 'The boat is filling and the music is still playing. There's not enough lifeboats. Someone is going to die,' he said with a wry smile. 'So you might as well enjoy the champagne and caviar.'
Andrew Ross Sorkin, the news-breaking New York Times journalist, 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, Russia 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, greed and, ultimately,... Tovább

Fülszöveg

'We just hit the iceberg,' Jaime Dimon, CEO of JPMorganChase, warned his men over dinner just twenty-four hours before Lehman Brothers would file for bankruptcy, Merrill Lynch would sell itself to Bank of America, and the insurance giant A.I.G. would teeter - all within one afternoon. 'The boat is filling and the music is still playing. There's not enough lifeboats. Someone is going to die,' he said with a wry smile. 'So you might as well enjoy the champagne and caviar.'
Andrew Ross Sorkin, the news-breaking New York Times journalist, 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, Russia 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, greed and, ultimately, the fate of the world's economy.
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 about a cast of bold-faced names who themselves thought they were 'too big to fail'.
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 honour 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. Vissza