All the Devils are Here
#2361 of 2,654 all-time
All the Devils are Here
Bethany McLean
3 people recommended it in 3 threads, 2010–2020.
What people on Hacker News said
_Devils_ also has an interesting structure, different than the others; it's a catalog of sketches of the different people/forces/companies that went into the mess, so you get a chapter on the guy who started Ameriquest, and a chapter on Fannie's struggles against the Bush administration, and a chapter on how Goldman's IPO and Merrill's cultural mismatch to trading culture caused them to screw up the market.
It offers a well rounded, facts-first approach to explaining the crisis. It does not point fingers or assess blaim, which is a valuable perspective.
Where it comes up
- Ask HN: Book recommendations for understanding financial systems? 2020 · 1 recommendation
- Ask HN: What are the must-read books about economics/finance? 2016 · 1 recommendation
- Ask HN: Best book you read in 2010 and briefly why 2010 · 1 recommendation