Big, and Not a Failure (Book Review)

f you’re still trying to figure out where to point the finger on last year’s financial crisis, Andrew Ross Sorkin’s “Too Big Too Fail” will offer some guidance, but not enough.

Beginning with the tightening of the credit markets in the fall of 2007, Sorkin, a New York Times reporter who heads a daily Wall Street blog called Dealbook, leverages his breadth of sources to portray a comprehensive view of the year leading up to the fall of Lehman Brothers and near-collapse of the entire financial system last fall. [Read more]

--Posted by Laura Rich, RecessionWire.com

Downturnaround Deals: Banana Republic, Gap, Flip, Urban Outfitters, Gamestop, Shoes.com
Recession Briefing 12.10: A 50 Percent Tax on British Bonuses
Screwed: 900 in California Prison System