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All the Devils Are Here: The Hidden History of the Financial Crisis cover

All the Devils Are Here: The Hidden History of the Financial Crisis

Bethany McLean and Joe Nocera

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All the Devils Are Here: The Hidden History of the Financial Crisis

All the Devils Are Here won the Huffington Post's "best business book of 2010" award and was a New York Times bestseller. As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers? According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, many devils helped bring hell to the economy. All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.

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Publisher
Penguin
Year
2011
ISBN-13
9781101551059
Genre
Business & Economics
Topics
2008 financial crisisSubprime mortgage industryWall Street regulation

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