Too Big to Fail

by Andrew Ross Sorkin

First published 2009

Timothy Geithner barely sleeps as the financial system crumbles around him. The Federal Reserve president watches Lehman Brothers implode from the inside while Treasury Secretary Henry Paulson scrambles to contain the damage. "We've got to get some foam down on the runway!" Geithner tells his colleague as banks teeter on the edge of catastrophe. From Wall Street boardrooms to secret gatherings in South Korea, the most powerful figures in finance and politics battle their own egos and ambitions while the world economy hangs in the balance. These titans of industry believed they were invincible, but decisions made over the previous decade now threaten to destroy everything. As the crisis spreads globally, Geithner and his allies must navigate treacherous political waters and make impossible choices. The fate of nations rests on whether they can save institutions that have grown too massive to let die.

Genres: business, political-science, economics, non-fiction, 21st-century, finance

Vibes: emotional, fast-paced, thought-provoking

Tropes: high-stakes, insider-perspective

Setting: South Korea, Wall Street

Period: 2000s

600 pages · Hardcover · Viking

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