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All the Devils Are Here: The Hidden History of the Financial Crisis

All the Devils Are Here: The Hidden History of the Financial Crisis

Paperback

Economics20th Century United States History21st Century United States History

Currently unavailable to order

ISBN10: 159184438X
ISBN13: 9781591844389
Publisher: Portfolio
Published: Aug 30 2011
Pages: 432
Weight: 0.90
Height: 1.17 Width: 5.56 Depth: 8.37
Language: English
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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McLean, Bethany

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Economics