Too Big to Fail
Andrew Ross Sorkin’s *Too Big to Fail* pulls back the curtain on the 2008 global financial crisis, delivering a gripping, minute-by-minute account of the high-stakes battles unfolding on Wall Street and in Washington. From Bear Stearns’ fire-sale collapse to Lehman Brothers’ historic bankruptcy, the book follows key players—Treasury Secretary Henry Paulson, Lehman CEO Dick Fuld, New York Fed President Timothy Geithner, and Goldman Sachs’ Lloyd Blankfein—as they scramble to contain a system on the brink of total meltdown. It exposes the infighting, tough choices, and moral dilemmas faced by bankers and policymakers: Paulson’s struggle between free-market principles and government intervention, Fuld’s desperate attempts to save his firm, and last-minute deals that saved Merrill Lynch and AIG while letting Lehman fall. With unprecedented access to private conversations and closed-door meetings, this definitive narrative reveals how close the U.S. economy came to collapse and the controversial measures that prevented it.