Friday, April 9, 2010

Too Big To Fail

This is one great book, soon to be made into a major motion picture, that proves the truth is often stranger than fiction.  Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System---and Themselves  by Andrew Ross Sorkin describes in detail the hour-by-hour blow-by-blow meltdown of Wall Street, and the extraordinary steps taken to save it from unraveling altogether.  Sorkin's insider knowledge of the personalities and firms involved is amazing in its lurid detail.  This is a real page-turner that I found hard to put down.  The question now is who will play the evil Dick Fuld of Lehman Brothers in the movie.  (Any suggestions?)  Of course, the book is always better - and certainly more accurate - than the Hollywood production will ever be.  So, read it before you see the movie.  Yes it's thick, but the printing isn't oversize either!