Reddit reviews Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System--and Themselves
We found 5 Reddit comments about Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System--and Themselves. Here are the top ones, ranked by their Reddit score.
Wall StreetWashingtonFinancial SystemMoneyBanks
I'm sure there are some good books on the matter, and hopefully someone else in this sub will have some recommendations for you as well.
Politics and economics make terrible bedfellows, but if you would like to know about policy making some historical books would probably be in order.
Lords of Finance
Piketty's Capital
Sorkin's Too Big to Fail
And most readers of this sub know that nearly anything by Michael Lewis is good, if a bit dramatized.
Really though, economic policy making is done mostly by politicians, or politically motivated economists. The politicians don't have a clue about economics, and the economists tend to be picked by the politicians for saying what the politicians like to hear.
This is more a political question than a finance question. The guys in finance don't really care who's in office as long as regulatory capture is still around.
Forgive me if I don't trust South Park as a source haha. I do love the show, but uh... right.
Interesting, I'll take a look at the documentary. If you have an abundance of time, here's a book I'm just getting started on that gives a pretty detailed explanation of the recession. Good read so far, and the source is fairly unbiased.
/r/SecurityAnalysis maintain a decent reading list.
The following is taken from it:
History
Just read this book. It will cover everything you need.
Suggested reading: [Too Big to Fail] (http://www.amazon.com/Too-Big-Fail-Washington-FinancialSystem/dp/0143118242)... At 640 pages, written by award winning editor Andrew Ross Sorkin, at the NY Times - it is laughably more complete than any piece Matt Taibbi has written for an entertainment magazine.