
The reference has not verified this book in detail; the summary states only what the title, author and subject establish.
This is a 2025 book by Andrew Ross Sorkin, the New York Times financial columnist and author of Too Big to Fail, on the 1929 stock market crash. Sorkin's established method is narrative reconstruction of a financial crisis from interviews, archives and contemporaneous records, told through the decisions of named participants day by day, which is what he applied to the 2008 crisis in his previous book.
The reference has not yet verified the detail of this book's argument, sources or conclusions. Readers should confirm the specifics directly rather than rely on this entry. What the author and subject establish is the general shape: a reported, character-driven account of the events leading to October 1929 and their immediate aftermath, aimed at a general audience rather than at economists.
Readers who want a narrative account of 1929, with the caveat that this reference has not yet verified the book's specific content.
New York Times columnist, founder and editor-at-large of DealBook; CNBC Squawk Box co-anchor
Too Big to Fail is the standard blow-by-blow reconstruction of the 2008 crisis and is cited across the crisis literature.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
The 1933 Senate hearings exposing bankers' practices that led to securities laws.
“It's a passage from one of my favorite books, "Wall Street Under Oath.” — Howard Marks
Source: Oaktree memo 'Learning From Enron'
Recommended by: Howard Marks
The Austrian account of 1929 and the policy response that followed
“It's a timeless and timely classic.” — Christopher Bloomstran
Source: Semper Augustus 2020 Letter to Clients, 'To Read or Not to Read', p. 57
Recommended by: Christopher Bloomstran, Mohnish Pabrai
How the gold standard spread the Depression, and why leaving it early meant recovery.
How 1930s lessons guided policy in 2008, averting a depression but adding errors.
How four central bankers and the gold standard turned a slump into the Depression.
“I'm going to use "classic" again but rightfully so.” — Christopher Bloomstran
Source: Semper Augustus 2020 Letter to Clients, 'To Read or Not to Read', p. 57
Recommended by: Christopher Bloomstran, Mohnish Pabrai
Wall Street from 1920 to 1938: the boom, the crash, the Depression and reform.
Recommended by: Mohnish Pabrai, Brendan Moynihan
Topics