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

Amazon.com Price: $13.89 (as of 11/10/2019 12:06 PST- Details)

Description

The New York Times bestseller hailed as “the most productive business book of 2010” (Huffington Post).

 

As soon as the financial crisis erupted, the finger-pointing started. Will have to 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 The usa’s most acclaimed business journalists, the true answer is the entire above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no person has put all of the pieces together.

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 in the end wasn’t about finance at all; it was once about human nature.

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