Too Big to Fail
In 'Too Big to Fail', Andrew Ross Sorkin presents a gripping behind-the-scenes look at the 2008 financial crisis, detailing the dramatic events that led to the collapse of major financial institutions. Through vivid storytelling, he introduces key players like Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke, revealing their high-stakes decisions under pressure. The book explores the complexities of the banking system and the moral dilemmas faced by those in power. As the crisis unfolds, readers are drawn into a world where fortunes are lost and the global economy hangs in the balance. Sorkin's account raises questions about accountability, greed, and the fragility of economic stability, leaving readers both informed and intrigued.
By Andrew Ross Sorkin
Published: 2010
""In the end, the decisions were made not out of a sense of duty to the law or the public, but by a simple human instinct: fear of failure.""
Start Listening
What Readers Say About This Book
Presents a moment-by-moment account of the recent financial collapse that documents state efforts to prevent an economic disaster, offering insight into the pivotal consequences of decisions made throughout the past decade.
The Mike & Casey Show
Dive into captivating book discussions with our expert hosts
Key Points from Too Big to Fail
About the Author
Andrew Ross Sorkin
Andrew Ross Sorkin is a distinguished American journalist, author, and financial commentator, renowned for his insightful analyses of complex economic issues. He is the founding editor of the news section of The New York Times and is known for his clear and engaging writing style that makes intricate topics accessible to a broad audience. Sorkin is the author of the bestselling book "Too Big to Fail," a critical account of the 2008 financial crisis that was adapted into an HBO film. His other notable works include "The Price of Silence" and "The New York Times" best-selling book "The New York Times DealBook". With a knack for storytelling and a deep understanding of finance, Sorkin has established himself as a leading voice in the media landscape.
Book Details
Key information about the book.
- Authors
- Andrew Ross Sorkin
- Published
- January 2010
- Publisher
- Penguin Books Limited
- ISBN
- 0143118242
- Language
- English
- Pages
- 618
- Genres
- FinanceEconomic PolicyPolitics and Current Affairs
Purchase Options
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
Similar books you might like →
The Real Book of Real Estate
Robert T. Kiyosaki
The Big Short: Inside the Doomsday Machine
Michael Lewis
Black Edge
Sheelah Kolhatkar
When Genius Failed
Roger Lowenstein
The Outsiders
William Thorndike
How to Raise a Wild Child
Scott D. Sampson
Billion Dollar Whale
Tom Wright, Bradley Hope
The Total Money Makeover
Dave Ramsey
The Lords of Easy Money
Christopher Leonard
Connected Strategy
Nicolaj Siggelkow, Christian Terwiesch
Dollars and Sense
Dr. Dan Ariely, Jeff Kreisler
Love and Will
Rollo May
An Empire of Wealth
John Steele Gordon
Stress Test
Timothy F. Geithner
An Appetite for Wonder
Richard Dawkins
The Ascent of Money
Niall Ferguson
The Hunters
James Salter
Keeping At It
Paul Volcker, Christine Harper
Essays in Persuasion
John Maynard Keynes
A Piece of the Action
Joe Nocera
When the Wolves Bite
Scott Wapner
Golden Gates
Conor Dougherty
The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk
William J. Bernstein
Memories, Dreams, Reflections
Carl G. Jung
Manhattan Beach
Jennifer Egan
The Only Game in Town
Mohamed A. El-Erian
How to Eat a Peach
Diana Henry
Dark Money
Jane Mayer
Take your reading experience to the next level
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
Book Collections you might like →
Alex Lieberman's Book Recommendations
Alex Lieberman is the co-founder and executive chairman of Morning Brew, a media company that delivers engaging business news. Under his leadership, Morning Brew has grown to reach millions of subscribers, becoming a significant player in modern business journalism. Lieberman is also known for his insightful commentary on entrepreneurship and media trends. His work has significantly influenced the way business news is consumed by younger audiences. Beyond Morning Brew, Lieberman frequently writes and speaks about the intersection of media and technology, further cementing his role as a thought leader in the industry.
View Collection
Lex Fridman's Book Recommendations
Lex Fridman is an artificial intelligence researcher, podcaster, and MIT professor, known for his work in autonomous vehicles, robotics, and deep learning. Fridman has gained widespread popularity through his podcast, Lex Fridman Podcast, where he interviews leading thinkers in science, technology, and philosophy, exploring topics like AI, consciousness, and the future of humanity. His academic work focuses on human-centered AI, aiming to create machines that can better understand and interact with humans. Fridman’s ability to distill complex topics into accessible conversations has earned him a large following, and his podcast is known for its thoughtful, in-depth discussions with some of the brightest minds of our time. He is also an advocate for the responsible development of AI, emphasizing the ethical implications of this rapidly advancing technology. Outside of academia and podcasting, Fridman is a practitioner of jiu-jitsu and frequently speaks about the importance of discipline and continuous learning.
View Collection
Alexis Ohanian's Book Recommendations
Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.
View Collection
Ana Fabrega's Book Recommendations
Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.
View Collection
Alex Honnold's Book Recommendations
Alex Honnold is an American professional rock climber, best known for his free solo ascent of El Capitan in Yosemite National Park, a feat that was documented in the Oscar-winning film Free Solo. Honnold is renowned for his mental toughness, technical skill, and ability to climb without ropes or safety equipment. His accomplishments have made him a legend in the climbing world, and he continues to push the boundaries of the sport. Outside of climbing, Honnold is a philanthropist, founding the Honnold Foundation, which supports environmental sustainability projects, particularly in solar energy.
View Collection
Howard Marks's Book Recommendations
Howard Marks was a renowned Welsh author and drug smuggler, best known for his bestselling autobiography, "Mr Nice," published in 1996. The book chronicles his complex life, from Oxford University graduate to one of the world's most infamous cannabis traffickers. Marks' candid storytelling and unique perspective earned him a cult following and critical acclaim, transforming him into a counterculture icon. He further contributed to literature with several other works, including "Señor Nice" and "Sympathy for the Devil." Marks' legacy continues to influence discussions on drug policy and the criminal justice system.
View Collection
Kevin Rose's Book Recommendations
Kevin Rose is a notable entrepreneur and technology investor, best known for founding Digg, a pioneering social news website that significantly influenced online content sharing. Although not primarily recognized for literary contributions, Rose has impacted digital media and online culture, which are recurring themes in contemporary literature on technology. His insights and experiences have been featured in various tech journals and books, enriching discussions on innovation and digital entrepreneurship. Rose also co-hosted the popular podcast "The Random Show" with Tim Ferriss, where he shares his thoughts on technology, health, and productivity. Through his ventures and public speaking, Rose continues to inspire narratives around the digital revolution and startup culture.
View Collection
Daniel Petre's Book Recommendations
Daniel Petre is a distinguished Australian entrepreneur, author, and philanthropist known for his impactful contributions to the business and literary worlds. He co-founded the venture capital firm AirTree Ventures, which has significantly influenced the technology startup ecosystem in Australia. Petre has authored several influential books on technology and leadership, including "The Clever Country?" and "Father Time," which explore themes of innovation and work-life balance. His writing often reflects his deep commitment to shaping a forward-thinking, inclusive society. Beyond his literary and business endeavors, Petre is also recognized for his substantial philanthropic efforts, particularly in education and healthcare.
View Collection
Anthony Pompliano's Book Recommendations
Anthony Pompliano, also known as "Pomp," is a prominent entrepreneur and investor focused on the cryptocurrency and blockchain sectors. He co-founded Morgan Creek Digital, an investment firm dedicated to blockchain technology and digital assets. Pomp is also well-known for his popular newsletter, "The Pomp Letter," where he shares insights on finance, technology, and the future of money. As a prolific voice in the crypto community, he has appeared on multiple media platforms, including his own podcast, "The Pomp Podcast," where he interviews industry leaders and innovators. Through his writings and public engagements, Pompliano has significantly contributed to the broader understanding and adoption of digital currencies.
View Collection
Max Levchin's Book Recommendations
Max Levchin is a Ukrainian-American computer scientist and entrepreneur, best known as one of the co-founders of PayPal, where he served as the Chief Technology Officer. He has made significant contributions to the field of digital finance and technology innovation. Levchin also founded the consumer finance company Affirm, which aims to revolutionize the credit industry with transparent lending practices. Additionally, he co-authored several technical papers on computer security and has been a prominent advocate for tech entrepreneurship. His work has not only shaped digital payment systems but also influenced modern approaches to financial technology.
View Collection
Bill Gates's Book Recommendations
Bill Gates, co-founder of Microsoft Corporation, is a pioneering figure in the tech industry, having played a key role in the personal computer revolution. His work at Microsoft, particularly the development of Windows, transformed software and computing globally. Beyond his technology contributions, Gates is also a prolific author, with notable works such as "The Road Ahead" and "Business @ the Speed of Thought," which offer insights into the future of technology and business. Additionally, his philanthropic efforts through the Bill & Melinda Gates Foundation have had a profound impact on global health, education, and poverty. Gates continues to influence both technology and literature with his forward-thinking perspectives and innovative ideas.
View Collection
James Clear's Book Recommendations
James Clear is the author of the bestselling book Atomic Habits, which focuses on the power of small habits and incremental improvements to achieve significant personal and professional growth. Clear’s writing blends insights from psychology, neuroscience, and productivity to provide practical strategies for building better habits. His work has helped millions of people create positive changes in their lives by focusing on the process rather than the outcome. James’s clear, actionable advice has made him a sought-after speaker and thought leader in the field of personal development.
View Collection
Alfred Lin's Book Recommendations
Alfred Lin is a venture capitalist and partner at Sequoia Capital, where he focuses on investments in consumer internet, enterprise, and mobile companies. Lin is known for his early investments in companies like Airbnb and DoorDash, helping them grow into major global brands. Before joining Sequoia, Lin was an executive at Zappos, where he worked closely with CEO Tony Hsieh to develop the company’s innovative culture and customer service model. Lin’s expertise in scaling businesses and his strategic vision have made him one of the most respected venture capitalists in Silicon Valley.
View Collection
Brian Armstrong's Book Recommendations
Brian Armstrong is a renowned entrepreneur and author best known for co-founding and leading Coinbase, a major cryptocurrency exchange. His literary contributions include insightful writings on the future of digital currencies and blockchain technology. Armstrong's work has been pivotal in demystifying complex financial systems for a broader audience. Beyond his business acumen, his thought leadership in publications and public speaking engagements has cemented his status as a key voice in the fintech revolution. His dedication to innovation continues to influence the trajectory of global financial systems.
View Collection
Charles Koch's Book Recommendations
Charles Koch is an American businessman and philanthropist, best known as the Chairman and CEO of Koch Industries, one of the largest privately held companies in the world. Beyond his business acumen, Koch has made significant contributions to literature, particularly in the field of economics and management. His book "The Science of Success" outlines his philosophy of Market-Based Management, a framework for business success that has influenced many entrepreneurs. Additionally, his co-authored work "Good Profit" delves into creating value for society through principled entrepreneurship. Koch's writings emphasize the importance of innovation, free markets, and a principled approach to business.
View Collection
Emmett Shear's Book Recommendations
Emmett Shear is the co-founder and CEO of Twitch, the popular live-streaming platform primarily known for video game streaming. Under Shear’s leadership, Twitch grew rapidly, becoming a major force in both gaming and the broader entertainment landscape, leading to its acquisition by Amazon in 2014. Shear has been instrumental in shaping the platform’s community-driven model and expanding it beyond gaming to include content like music, art, and social commentary. His vision has helped turn Twitch into a cultural phenomenon with millions of daily active users. Shear is also a strong advocate for fostering creativity and connection through digital platforms.
View Collection
Bernie Sanders's Book Recommendations
Bernie Sanders is an American politician and U.S. Senator from Vermont, known for his progressive policies and his advocacy for economic equality. Sanders ran for the Democratic presidential nomination in 2016 and 2020, inspiring a movement with his calls for Medicare for All, free college tuition, and a $15 minimum wage. He identifies as a democratic socialist and has been a long-standing advocate for labor rights, environmental justice, and social welfare programs. Sanders’ candidacy energized a new generation of activists and has had a lasting influence on the direction of the Democratic Party. His focus on income inequality and social justice continues to shape political discourse in the U.S.
View Collection
Emma Watson's Book Recommendations
Emma Watson is a British actress and activist best known for her role as Hermione Granger in the "Harry Potter" film series, which brought J.K. Rowling's beloved books to life. Beyond her acting career, Watson has made significant contributions to literature by promoting gender equality and women's rights through her work with the United Nations, including the HeForShe campaign. She has also curated and shared book recommendations that highlight feminist literature and diverse voices. Watson graduated from Brown University with a degree in English literature, further emphasizing her dedication to the literary world. Her advocacy and influence have made her a prominent figure in both the entertainment and literary communities.
View Collection
Jimmy Dore's Book Recommendations
Jimmy Dore is a prominent American comedian, political commentator, and author known for his incisive critiques of mainstream media and politics. He gained widespread recognition through "The Jimmy Dore Show," a popular YouTube series and podcast that blends humor with sharp political analysis. Dore's written work includes the book "Your Country Is Just Not That Into You," where he employs his comedic prowess to dissect social and political issues facing America. His contributions to literature and media have made him a distinctive voice in progressive circles, often challenging conventional narratives. Beyond his writing, Dore's influence extends through his performances and public speaking engagements, where he continues to engage and provoke thought among his audience.
View Collection“"In the end, the decisions were made not out of a sense of duty to the law or the public, but by a simple human instinct: fear of failure."”
Too Big to Fail
By Andrew Ross Sorkin
Frequently Asked Questions
Explore Our Catalogue
Discover a world of knowledge through our extensive collection of book summaries.