Too Big To Fail
 |
0.0 | |
 |
3.0 (1) |
Written by luchesini
May 19, 2010
0
0
Details
| Author | Andrew Ross Sorkin |
| Category | Non-Fiction |
Quick summary from Amazon reviews:
"The author has done remarkable research and has composed it into a highly readable account of the 2008 Financial Panic."
"The book details the events, the people and the conversations that roiled the banks in 2008. The book does not really discuss why the events happened. If you're looking to understand why these banks fell, this is not the book to read.
The book is very readable and even at 539 pages, a person can finish it quickly. Another plus is that unlike most NY Times reporters, the author keeps most of his opinions out of the story until the last 2 pages."
User reviews
Average user rating from: 1 user(s)
Mimetic theory at work, but not fully recongnized
| Overall: | 3.0 |
Was this review helpful to you?
Reviewed by luchesini
May 19, 2010
Top 10 Reviewer
Comments (0)
View all my reviews
Report this review
May 19, 2010
Top 10 Reviewer
Comments (0)
View all my reviews
Report this review
0 of 0 people found the following review helpful
The book is indeed full of mimetic behaviors and keywords (e.g. resentment, reputation, contagion, panic keep
recurring throughout the text) and vivid examples of scapegoating, I would just recall the sacrifice of Joe Gregory
(former Lehman COO) to buy Lehman some breathing space and the voluntary humiliation that Hank Paulson self-inflicted himself in front of Nancy Pelosi to save the TARP deal and probably the world economy in the middle of Congressional panic.
However, the author fails to give explicit recognition of the mechanism at work shaping the players behaviors and actions, even though the whole book is built around finding a rational explanation for the "Lehman scapegoating" event.
Powered by JReviews
Loading Poll...