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Too Big to Fail
by Gary H. Stern • 2004
Policymakers always blink when big banks teeter. The fix borrows from how Volcker broke inflation.
3.60
25
Too Big to Fail Summary
Too Big to Fail 93%
Policymakers always blink when big banks teeter. The fix borrows from how Volcker broke inflation.
by Gary H. Stern 2004
3.60
25 ratings
The Bankers' New Clothes
by Anat Admati • 2013
The simple fix for the next financial crisis: make banks use 20% equity, not 2%.
3.83
776
The Bankers' New Clothes Summary
The Bankers' New Clothes 92%
The simple fix for the next financial crisis: make banks use 20% equity, not 2%.
by Anat Admati 2013
3.83
776 ratings
Stress Test
by Timothy F. Geithner • 2014
An insider on why rescuing the economy costs the country politically, and why it's still necessary.
4.08
5k+
Stress Test Summary
Stress Test 92%
An insider on why rescuing the economy costs the country politically, and why it's still necessary.
by Timothy F. Geithner 2014
4.08
5k+ ratings
The Lost Bank
by Kirsten Grind • 2012
A $1.88 billion fire sale and a silent bank run: inside the collapse of Washington Mutual.
4.12
1k+
The Lost Bank Summary
The Lost Bank 92%
A $1.88 billion fire sale and a silent bank run: inside the collapse of Washington Mutual.
by Kirsten Grind 2012
4.12
1k+ ratings
Bailout Nation
by Barry Ritholtz • 2009
Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.
3.87
572
Bailout Nation Summary
Bailout Nation 92%
Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.
by Barry Ritholtz 2009
3.87
572 ratings
The House of Dimon
by Patricia Crisafulli • 2009
How JPMorgan survived the crash while rivals died: the Jamie Dimon rulebook.
3.70
152
The House of Dimon Summary
The House of Dimon 92%
How JPMorgan survived the crash while rivals died: the Jamie Dimon rulebook.
by Patricia Crisafulli 2009
3.70
152 ratings
The End of Alchemy
by Mervyn A. King • 2016
Your bank lends your deposit out for decades. You can demand it back this afternoon.
4.07
2k+
The End of Alchemy Summary
The End of Alchemy 92%
Your bank lends your deposit out for decades. You can demand it back this afternoon.
by Mervyn A. King 2016
4.07
2k+ ratings
The Money Problem
by Morgan Ricks • 2016
Panics, not bubbles, destroy economies. And panics start wherever short-term debt acts like cash.
4.33
45
The Money Problem Summary
The Money Problem 91%
Panics, not bubbles, destroy economies. And panics start wherever short-term debt acts like cash.
by Morgan Ricks 2016
4.33
45 ratings
Crashed
by Adam Tooze • 2018
The 2008 crash was a transatlantic bank run, and what it really broke was politics, not markets.
4.29
4k+
Crashed Summary
Crashed 91%
The 2008 crash was a transatlantic bank run, and what it really broke was politics, not markets.
by Adam Tooze 2018
4.29
4k+ ratings
Can We Avoid Another Financial Crisis?
by Steve Keen • 2017
When private debt passes 150% of GDP, a crisis is coming. Most economists won't see it.
4.22
281
Can We Avoid Another Financial Crisis? Summary
Can We Avoid Another Financial Crisis? 91%
When private debt passes 150% of GDP, a crisis is coming. Most economists won't see it.
by Steve Keen 2017
4.22
281 ratings
Swimming With Sharks
by Joris Luyendijk • 2015
Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.
3.84
7k+
Swimming With Sharks Summary
Swimming With Sharks 91%
Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.
by Joris Luyendijk 2015
3.84
7k+ ratings
Exile on Wall Street
by Mike Mayo • 2011
Wall Street learned nothing from 2008. One analyst who saw it coming explains why.
3.69
260
Exile on Wall Street Summary
Exile on Wall Street 91%
Wall Street learned nothing from 2008. One analyst who saw it coming explains why.
by Mike Mayo 2011
3.69
260 ratings
Firefighting
by Ben S. Bernanke • 2019
Bernanke's 2008 account: the system nearly collapsed, and the tools that stopped it no longer exist.
3.83
978
Firefighting Summary
Firefighting 91%
Bernanke's 2008 account: the system nearly collapsed, and the tools that stopped it no longer exist.
by Ben S. Bernanke 2019
3.83
978 ratings
Reckless Endangerment
by Gretchen Morgenson • 2011
Good intentions met Wall Street greed and captured regulators. The crisis was built to order.
3.96
2k+
Reckless Endangerment Summary
Reckless Endangerment 91%
Good intentions met Wall Street greed and captured regulators. The crisis was built to order.
by Gretchen Morgenson 2011
3.96
2k+ ratings
The Only Game in Town
by Mohamed El-Erian • 2016
Central banks saved the economy, then overreached. The road ahead now forks toward opposing futures.
3.56
1k+
The Only Game in Town Summary
The Only Game in Town 91%
Central banks saved the economy, then overreached. The road ahead now forks toward opposing futures.
by Mohamed El-Erian 2016
3.56
1k+ ratings
It Takes a Pillage
by Nomi Prins • 2009
Bankers designed the crisis. Government paid the tab. The $13 trillion bill landed on your desk.
3.96
195
It Takes a Pillage Summary
It Takes a Pillage 91%
Bankers designed the crisis. Government paid the tab. The $13 trillion bill landed on your desk.
by Nomi Prins 2009
3.96
195 ratings
Easy Money
by Vivek Kaul • 2015
A Ponzi scheme built on bad loans and fake ratings: how the 2008 crash really happened.
4.40
107
Easy Money Summary
Easy Money 91%
A Ponzi scheme built on bad loans and fake ratings: how the 2008 crash really happened.
by Vivek Kaul 2015
4.40
107 ratings
The Sellout
by Charles Gasparino • 2009
Two outsiders invented a bond that made Wall Street billions, then destroyed the entire system.
3.92
302
The Sellout Summary
The Sellout 91%
Two outsiders invented a bond that made Wall Street billions, then destroyed the entire system.
by Charles Gasparino 2009
3.92
302 ratings
Bull by the Horns
by Sheila Bair • 2012
She buried the banks Washington wanted saved. The FDIC chair's account of the 2008 bailout wars.
3.91
494
Bull by the Horns Summary
Bull by the Horns 91%
She buried the banks Washington wanted saved. The FDIC chair's account of the 2008 bailout wars.
by Sheila Bair 2012
3.91
494 ratings
How the Other Half Banks
by Mehrsa Baradaran • 2015
Banks get public support but exclude the poor. The public option that restores the social contract.
4.09
626
How the Other Half Banks Summary
How the Other Half Banks 91%
Banks get public support but exclude the poor. The public option that restores the social contract.
by Mehrsa Baradaran 2015
4.09
626 ratings
The New Lombard Street
by Perry G. Mehrling • 2010
The Fed's 1873 playbook broke in 2008. The new role: dealer of last resort.
4.26
274
The New Lombard Street Summary
The New Lombard Street 91%
The Fed's 1873 playbook broke in 2008. The new role: dealer of last resort.
by Perry G. Mehrling 2010
4.26
274 ratings
After the Music Stopped
by Alan S. Blinder • 2013
Two bubbles, forty-to-one leverage, and a rescue that saved the system but lost the public.
4.12
2k+
After the Music Stopped Summary
After the Music Stopped 91%
Two bubbles, forty-to-one leverage, and a rescue that saved the system but lost the public.
by Alan S. Blinder 2013
4.12
2k+ ratings
Other People's Money
by John Kay • 2015
Daily currency trading exceeds global trade a hundredfold. The rest is finance feeding on finance.
3.92
1k+
Other People's Money Summary
Other People's Money 91%
Daily currency trading exceeds global trade a hundredfold. The rest is finance feeding on finance.
by John Kay 2015
3.92
1k+ ratings
House of Cards
by William D. Cohan • 2009
A Wall Street titan on Wednesday, a two-dollar stock on Sunday: the unraveling of Bear Stearns.
3.94
7k+
House of Cards Summary
House of Cards 91%
A Wall Street titan on Wednesday, a two-dollar stock on Sunday: the unraveling of Bear Stearns.
by William D. Cohan 2009
3.94
7k+ ratings
The Federal Reserve and the Financial Crisis
by Ben S. Bernanke • 2013
What the Fed chair learned from the Great Depression that saved the global economy in 2008.
4.16
451
The Federal Reserve and the Financial Crisis Summary
The Federal Reserve and the Financial Crisis 91%
What the Fed chair learned from the Great Depression that saved the global economy in 2008.
by Ben S. Bernanke 2013
4.16
451 ratings
Modernising Money
by Andrew Jackson • 2012
Banks create 97% of all money through lending. That hidden power drives every crash.
4.34
53
Modernising Money Summary
Modernising Money 91%
Banks create 97% of all money through lending. That hidden power drives every crash.
by Andrew Jackson 2012
4.34
53 ratings
This Time Is Different
by Carmen M. Reinhart • 2009
Believing your boom is different is the oldest financial mistake. Eight centuries of data prove it.
3.76
7k+
This Time Is Different Summary
This Time Is Different 91%
Believing your boom is different is the oldest financial mistake. Eight centuries of data prove it.
by Carmen M. Reinhart 2009
3.76
7k+ ratings
A Failure of Capitalism
by Richard A. Posner • 2009
The 2008 crash wasn't a panic; it was a depression built by rational bankers and blind regulators.
3.71
352
A Failure of Capitalism Summary
A Failure of Capitalism 91%
The 2008 crash wasn't a panic; it was a depression built by rational bankers and blind regulators.
by Richard A. Posner 2009
3.71
352 ratings
Crisis Economics
by Nouriel Roubini • 2010
Financial crises are not rare. They are predictable, systemic, and already brewing again.
3.84
3k+
Crisis Economics Summary
Crisis Economics 91%
Financial crises are not rare. They are predictable, systemic, and already brewing again.
by Nouriel Roubini 2010
3.84
3k+ ratings
A Colossal Failure of Common Sense
by Lawrence G. McDonald • 2009
Lehman borrowed forty to one, bet on housing, and fired everyone who saw the crash coming.
3.91
3k+
A Colossal Failure of Common Sense Summary
A Colossal Failure of Common Sense 91%
Lehman borrowed forty to one, bet on housing, and fired everyone who saw the crash coming.
by Lawrence G. McDonald 2009
3.91
3k+ ratings
The Spider Network
by David Enrich • 2017
A math savant rigged Libor. His bank confessed; he alone went to prison.
4.07
7k+
The Spider Network Summary
The Spider Network 91%
A math savant rigged Libor. His bank confessed; he alone went to prison.
by David Enrich 2017
4.07
7k+ ratings
Bank 3.0
by Brett King • 2012
Customers check phones twice daily and branches twice yearly. Banks are built for the opposite.
3.63
384
Bank 3.0 Summary
Bank 3.0 91%
Customers check phones twice daily and branches twice yearly. Banks are built for the opposite.
by Brett King 2012
3.63
384 ratings
All the Presidents' Bankers
by Nomi Prins • 2014
A century of backroom deals: how bankers, not presidents, drove America's rise to global power.
4.07
539
All the Presidents' Bankers Summary
All the Presidents' Bankers 91%
A century of backroom deals: how bankers, not presidents, drove America's rise to global power.
by Nomi Prins 2014
4.07
539 ratings
The End of Wall Street
by Roger Lowenstein • 2010
Wall Street's smartest minds bet the global economy on home loans that were designed to fail.
3.91
2k+
The End of Wall Street Summary
The End of Wall Street 90%
Wall Street's smartest minds bet the global economy on home loans that were designed to fail.
by Roger Lowenstein 2010
3.91
2k+ ratings
Meltdown
by Thomas E. Woods Jr. • 2009
The 2008 crash was a government failure, not a market one, and the bailout guarantees another.
4.08
2k+
Meltdown Summary
Meltdown 90%
The 2008 crash was a government failure, not a market one, and the bailout guarantees another.
by Thomas E. Woods Jr. 2009
4.08
2k+ ratings
The Return of Depression Economics and the Crisis of 2008
by Paul Krugman • 2008
2008 was not new. It was Japan's lost decade and Asia's meltdown, repeated.
3.83
9k+
The Return of Depression Economics and the Crisis of 2008 Summary
The Return of Depression Economics and the Crisis of 2008 90%
2008 was not new. It was Japan's lost decade and Asia's meltdown, repeated.
by Paul Krugman 2008
3.83
9k+ ratings
Can "It" Happen Again?
by Hyman P. Minsky • 1982
Stability plants the seeds of crisis: why capitalism's calmest moments are its most dangerous.
4.31
52
Can "It" Happen Again? Summary
Can "It" Happen Again? 90%
Stability plants the seeds of crisis: why capitalism's calmest moments are its most dangerous.
by Hyman P. Minsky 1982
4.31
52 ratings
The New Paradigm for Financial Markets
by George Soros • 2008
Markets amplify extremes. 2008 was the bill for a decades-long credit binge.
3.42
2k+
The New Paradigm for Financial Markets Summary
The New Paradigm for Financial Markets 90%
Markets amplify extremes. 2008 was the bill for a decades-long credit binge.
by George Soros 2008
3.42
2k+ ratings
A Template for Understanding Big Debt Crises
by Ray Dalio • 2018
Debt crises are predictable. They follow a template, and the policy playbook is four moves.
4.35
3k+
A Template for Understanding Big Debt Crises Summary
A Template for Understanding Big Debt Crises 90%
Debt crises are predictable. They follow a template, and the policy playbook is four moves.
by Ray Dalio 2018
4.35
3k+ ratings
Aftermath
by Rickards James • 2019
Central banks buried 2008 in printed money. The real crash comes when the printing stops.
4.09
676
Aftermath Summary
Aftermath 90%
Central banks buried 2008 in printed money. The real crash comes when the printing stops.
by Rickards James 2019
4.09
676 ratings
Last Man Standing
by Duff McDonald • 2009
Most banks chased risk. Jamie Dimon prepared for collapse. In 2008, only one was ready.
4.23
1k+
Last Man Standing Summary
Last Man Standing 90%
Most banks chased risk. Jamie Dimon prepared for collapse. In 2008, only one was ready.
by Duff McDonald 2009
4.23
1k+ ratings
Lombard Street
by Walter Bagehot • 1873
All England's credit rests on one institution. When it wobbles, the money market panics.
3.89
435
Lombard Street Summary
Lombard Street 90%
All England's credit rests on one institution. When it wobbles, the money market panics.
by Walter Bagehot 1873
3.89
435 ratings
Too Big to Fail
by Andrew Ross Sorkin • 2009
The weekend Lehman fell: frantic phone calls, shattered egos, and a global economy on the brink.
4.16
44k+
Too Big to Fail Summary
Too Big to Fail 90%
The weekend Lehman fell: frantic phone calls, shattered egos, and a global economy on the brink.
by Andrew Ross Sorkin 2009
4.16
44k+ ratings
Capitalizing on Crisis
by Greta R. Krippner • 2011
Financialization was no blueprint. It was the state’s accidental escape from a crisis of legitimacy.
4.35
181
Capitalizing on Crisis Summary
Capitalizing on Crisis 90%
Financialization was no blueprint. It was the state’s accidental escape from a crisis of legitimacy.
by Greta R. Krippner 2011
4.35
181 ratings
The Digital Banking Revolution
by Luigi Wewege • 2017
FinTech is unbundling banking, service by service. The playbook for fighting back.
3.86
21
The Digital Banking Revolution Summary
The Digital Banking Revolution 90%
FinTech is unbundling banking, service by service. The playbook for fighting back.
by Luigi Wewege 2017
3.86
21 ratings
The Big Short
by Michael Lewis • 2010
Wall Street bet housing never falls. A few misfits read the fine print and won billions.
4.30
172k+
The Big Short Summary
The Big Short 90%
Wall Street bet housing never falls. A few misfits read the fine print and won billions.
by Michael Lewis 2010
4.30
172k+ ratings
Money and Power
by William D. Cohan • 2011
Goldman Sachs's rise from a near-fatal 1970 crisis to the most powerful bank in the world.
3.85
2k+
Money and Power Summary
Money and Power 90%
Goldman Sachs's rise from a near-fatal 1970 crisis to the most powerful bank in the world.
by William D. Cohan 2011
3.85
2k+ ratings
Why Minsky Matters
by L. Randall Wray • 2015
Crises brew inside calm markets: the economist who proved it and the policies his insight demands.
4.17
202
Why Minsky Matters Summary
Why Minsky Matters 90%
Crises brew inside calm markets: the economist who proved it and the policies his insight demands.
by L. Randall Wray 2015
4.17
202 ratings
Predator Nation
by Charles Ferguson • 2012
The 2008 crash was no accident; it was a crime, and the perpetrators run the country.
4.11
491
Predator Nation Summary
Predator Nation 90%
The 2008 crash was no accident; it was a crime, and the perpetrators run the country.
by Charles Ferguson 2012
4.11
491 ratings
A Demon of Our Own Design
by Richard Bookstaber • 2007
Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.
3.92
1k+
A Demon of Our Own Design Summary
A Demon of Our Own Design 90%
Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.
by Richard Bookstaber 2007
3.92
1k+ ratings
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