Thứ Năm, 18 tháng 5, 2023

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis - Andrew Ross Sorkin

I read this book in 5 months. A very long time for a book and It is worth reviewing.


Compared to other publications about 2007 Financial Crisis. This book tells the stories from the most powerful involved. They are top CEOs and government leaders who are in charge of all situation from top down. 


We will not see much technical theories or numbers. Powerful people have the different perspective, overview from outside the box. I'm pretty sure they will have a team explaining to them the details. But in chaotic events like this. They collaborated and made quick decisions as we saw.


Did they do the good for economy by sacrificing capitalism and break the free market rules. Unfair bailout a big finance coporation while leting other die? We could not know because those were one-time events and the multiverse couldnot be observed  until now.

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