All the Devils Are Here
Fortune senior writers Bethany McLean and Peter Elkind McLean, a former Goldman Sachs investment banking analyst, reside in New York City. Bethany McLean is a famous journalist. "Is Enron Overpriced?," her March 2001 article in Fortune, was the first in a national publication to openly question the company's dealings.
The finger-pointing began as soon as the financial crisis erupted. Should the finger be pointed at Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, erroneous regulators, shady subprime lenders, cowardly legislators, or oblivious home buyers?
The real answer, according to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, is all of the above and more. Many devils contributed to the economy's downfall. And the entire story, in all its complexities and details, is reminiscent of the legend of the blind men and the elephant. Almost no one has seen the big picture. Almost no one has assembled all of the puzzle pieces.
All the Devils Are Here delves into the hidden history of the financial crisis in a way that no other book has. It delves into the motivations of famous CEOs, cabinet secretaries, and politicians, as well as anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the potent American myth of homeownership. And it demonstrates that the crisis was ultimately about human nature rather than finance.
Author: Bethany McLean and Joe Nocera
Link to buy: https://www.amazon.com/gp/product/159184438X
Ratings: 4.6 out of 5 stars (from 579 reviews)
Best Sellers Rank: #64,242 in Books
#70 in Banks & Banking (Books)
#144 in Real Estate Investments (Books)
#187 in Company Business Profiles (Books)
