How did Andrew Ross Sorkin find the time to write this book and also do his day job at the New York Times? A huge amount of work went into this, and it shows. It's nothing less than the "Barbarians Of The Gate" of these times: an amazingly detailed account of the recent financial crisis that reads like a novel. We get behind-the-scenes views of the fall of Bear Stearns and Lehman Brothers, the often chaotic maneuverings at the Fed and the Treasury that led to TARP, and the proud, arrogant, and flawed Wall Street leaders who presided over the worst economic turmoil since the Great Depression.
This book focuses on the crisis from the perspective of the Wall Street CEOs, Tim Geithner, and Hank Paulson. In contrast, "The Big Short" by Michael Lewis provides a more comprehensive explanation of how and why the subprime mortgage debacle occurred and describes how unsung, unknown investors exploited the resulting opportunity. The two books are perfect complements and are both excellent.
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