All the Devils Are Here The Hidden History of the Financial Crisis |
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| Author:
| McLean, Bethany
Nocera, Joe |
| ISBN: | 978-0-670-92037-2 |
| Publication Date: | Jan 2011 |
| Publisher: | Penguin Books, Limited
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| Imprint: | Viking |
| Book Format: | Paperback |
| List Price: | AUD $32.95 |
Book Description:
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As soon as the crisis erupted, the finger-pointing began. But according to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, everyone has missed the big picture and no-one has put all the pieces together. Greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators and clueless home buyers- many devils helped bring hell to the economy.
All the Devils Are Here goes back several decades to weave the hidden...
More Description
As soon as the crisis erupted, the finger-pointing began. But according to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, everyone has missed the big picture and no-one has put all the pieces together. Greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators and clueless home buyers- many devils helped bring hell to the economy.
All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from CEOs and politicians to anonymous lenders, borrowers and Wall Street traders.
It exposes the hidden role of companies including AIG, Goldman Sachs, and Fannie Mae. It delves into the powerful mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.
Just as Bethany McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, All the Devils Are Here will be remembered for finally making sense of the meltdown.
'All the Devils Are Hereis the best business book of 2010.' Huffington Post
'When the financial crisis of this decade is being taught in business schools, All the Devils Are Herecould be the textbook.' Time
'Yields a rich and intricate tableau of understanding.' Financial Times
'A thorough account of the origins of the financial crisis. Helps explain the most troubling headlines of the moment, as well as those that are certain to come.' New York Times
The US bestseller now named as one of the New York Times's Notable Books of 2010