Title: All the Devils Are Here
Author: McLean, Bethany; Nocera, Joe
Published: 2010
Language: English
ISBN: 9781591843634
Publisher: PENGUIN group
Pages: 416
Extension: EPUB
Size: 524 KB
Subjects: Business, Nonfiction
Categories: Business, Nonfiction
Hailed as "the best business book of 2010" ( Huffington Post ), this New York Times bestseller about the 2008 financial crisis brings the devastation of the Great Recession to life.
As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?
According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, 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 famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.
Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the financial meltdown and its consequences.
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