Quicklet On Too Big To Fail By Andrew Ross Sorkin (Cliffnotes-Like Book Summary)
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Andrew Ross Sorkin is an award-winning journalist and New York Times best-selling author. He has been a regular contributor to The New York Times since he was a student at Cornell University. He is also a co-anchor of CNBC's Squawk Box, a business news program and founder of DealBook, a news service that reports on daily deal-making on Wall Street.
Sorkin is a recipient of the Gerald Loeb award for business journalism in Too Big to Fail and a Society of American Business Editors and Writers award for breaking news.
Sorkin wrote Too Big to Fail to provide a detailed, “moment-by-moment” account of the 2008 financial crisis. He used interviews with over two hundred individuals involved in the financial meltdown to piece together a blow-by-blow narrative of events.
Too Big to Fail recounts the story of the unbelievable events of the 2008 financial crisis – Lehman Brothers' historic collapse, the Bank of America-Merrill Lynch merger, the nationalization of AIG, and Morgan Stanley and Goldman Sachs' transformations into highly regulated banks. Beyond the story of failed financial empires, Too Big to Fail is a human drama, telling stories of the greed, hubris and perseverance of some of the biggest players on Wall Street and in the U.S. Government.
Too Big to Fail won a Gerald Loeb award and remained on The New York Times Best Seller List list for six months. Reuters dubbed it “The Book of the Crisis.”
Too Big to Fail received glowing reviews in top publications such as the Bloomberg News Review, The Economist, and The Financial Times. Sorkin continues to be seen as a top authority on all things Wall Street.
BOOK OUTLINE
Pt. I: Context and Overall Highlights
->Andrew Ross Sorkin's background and the overall significance of Too Big To Fail
Pt. II: List Of Important People
->The most important characters and their significance
Pt. III: Key Terms and Definitions
->Explanations of prominent economic, financial, and other special terms used in Too Big To Fail
Pt. IV: Additional Reading, Major Reviews, and Related Articles