Andrew Ross Sorkin's book Too Big to Fail has been praised pretty much by everyone as the definitive book on the credit crisis. All I can say is that, if this is the case, I'm glad I haven't wasted my time on any of the other ones. Because for the first 100-odd pages I haven't really learned much that I hadn't read elsewhere except that Dick Fuld was really loyal and that his good buddy Joe Gregory probably wasn't cut out to be #2 at a big investment bank and that Erin Callan also wasn't the best choice for CFO. But I don't really care about that.
I already knew Stan O'Neal had a great rags to riches story and was an asshole and I knew that Henry Paulson was an environmentalist. OK, I didn't know he drove a Prius, but I don't really care about that either.
So I'm taking time off for Eric Ambler's A Coffin for Dimitrios.
Monday, January 25, 2010
Too big to fail?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment