
a book
All The Devils Are Here
Bethany McLean and Joe Nocera · 2010 · 380 pages
According to the authors, both business journalists, no one has put all the pieces of the financial crisis together. This title explores the motivations of everyone from CEOs and politicians to anonymous lenders, borrowers and Wall Street traders. It goes back more than twenty years to reveal, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.
recommended by 2 people
sourced from public statements

Matt Levine
“@rachelmetz @AP Taking "totally obsessed with understanding" literally I'd recommend: - All the Devils Are Here (McLean/Nocera) - Slapped by the Invisible Hand (Gorton) - Diary of a Very Bad Year (n+1) Also Sorkin's and Geithner's books & maybe Friedman & Kraus "Engineering the Financial Crisis"”↗
