Panic: The Untold Story of the 2008 Financial Crisis
In Panic: The Untold Story of the 2008 Financial Crisis, author Andrew Ross Sorkin delves into the events that led to the most devastating financial crisis since the Great Depression. The book provides a detailed account of the decisions made by key players in the financial industry, government, and regulatory bodies that ultimately led to the collapse of major financial institutions and the global economy.
Sorkin explores the reckless behavior and risky investments that characterized the years leading up to the crisis, as well as the lack of oversight and regulation that allowed these practices to continue unchecked. He also highlights the panic and chaos that ensued as major banks and financial institutions teetered on the brink of collapse, leading to a massive government bailout and a deep recession that affected millions of people around the world.
Through extensive research and interviews with key players, Sorkin provides a comprehensive and gripping account of the events that unfolded during the crisis, shedding light on the complex web of factors that contributed to its severity. Panic is a must-read for anyone looking to gain a deeper understanding of the 2008 financial crisis and its lasting impact on the global economy.
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Panic: The Untold Story of the 2008 Financial Crisis
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