A review by citizenkahn
Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves by Andrew Ross Sorkin

4.0

A very worthy read but try reading it after "The Invible Gorilla" as it highlights the illusion of confidence, the power of narrative and the illusion of understanding. Faith, confidence and lack of understanding over years created the perfect storm. Under extreme pressure, with limited sleep and with a powerful delusion of understanding, public officials and leaders of Wall Street tried to save themselves and the economy. They thought they understood how things worked before during and probably after the crisis climax but the fallout shows they do not and another is sure to hit eventually.

The author does a great job of making the reader feel the urgency and of showing difficulty of the task faced by these people. It would be good for more people to read this to understand the situation and demand more from the financial sector (especially its regulators). We are three years out from the beginning of this mess and very little has been done to safeguard the future.