Too Big to Fail (book)

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves
Hardcover edition
Author Andrew Ross Sorkin
Country United States
Language English
Genre Finance
Publisher Viking Press
Publication date
 October 20, 2009
Media type Print (hardback & paperback)
Pages 624
ISBN 978-0-670-02125-3

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves, also known as Too Big to Fail: Inside the Battle to Save Wall Street, is a non-fiction book by Andrew Ross Sorkin chronicling the events of the 2008 financial crisis and the collapse of Lehman Brothers from the point of view of Wall Street CEOs and US government regulators. The book was released on October 20, 2009, by Viking Press.

It won the 2010 Gerald Loeb Award for Best Business Book, and was shortlisted for the 2010 Samuel Johnson Prize and the 2010 Financial Times and Goldman Sachs Business Book of the Year Award.

The book was adapted in 2011 for the HBO television movie Too Big to Fail.

Plot summary

The book provides an overview of the 2007–2008 financial crisis from the beginning of 2008 to the decision to create the Troubled Asset Relief Program (TARP). The book tells the story from the perspectives of the leaders of the major financial institutions and the main regulatory authorities, describing in a very detailed manner their everyday discussions and decisions during that difficult period.

Awards

See also