Portfolio
All the Devils Are Here: The Hidden History of the Financial Crisis
Key Metrics
- Bethany McLean
- Portfolio
- Paperback
- 9781591844389
- 8.37 X 5.56 X 1.17 inches
- 0.9 pounds
- Business & Economics > Economic History
- English
Secure TransactionBook Description
As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?
According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.
All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.
Author Bio
Bethany McLean is a columnist for Slate and a contributing editor at Vanity Fair. She joined Slate in October 2010 and Vanity Fair in July 2008 after spending thirteen years at Fortune, where she was an editor-at-large. In early 2001, McLean was one of the first reporters to raise questions about Enron, with her story “Is Enron Overpriced?” She and fellow Fortune senior writer Peter Elkind exposed the Enron scandal and wrote the national bestseller The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron, which went on to become an Oscar-nominated documentary.
McLean has also written in-depth pieces about the credit rating agencies, Goldman Sachs, President Clinton’s global philanthropy, Australia’s Macquarie Bank, and more. Before joining Fortune, she spent three years as an analyst at Goldman Sachs. She graduated from Williams College in 1992 with a double major in mathematics and English.
Source: Penguin Random House
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