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  • Format: ePub

'One of the best narrative histories I've read' Wall Street Journal
From the bestselling author of Too Big to Fail , "the definitive history of the 2008 banking crisis,"* comes a spellbinding narrative of the most infamous stock market crash in history one with ripple effects that still shape our society today

In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded-one of
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Produktbeschreibung
'One of the best narrative histories I've read' Wall Street Journal

From the bestselling author of Too Big to Fail, "the definitive history of the 2008 banking crisis,"* comes a spellbinding narrative of the most infamous stock market crash in history one with ripple effects that still shape our society today

In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded-one of visionaries and fraudsters, titans and dreamers, euphoria and ruin.

With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naivety in an endless boom led to wreckage. The dizzying highs and brutal lows of this era eerily mirror today's world-where markets soar, political tensions mount, and the fight over financial influence plays out once again.

This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that "this time is different." It's about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming-only to be dismissed until it was too late.

Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time-with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.

*The Atlantic Monthly


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Autorenporträt
Andew Ross Sorkin is the author of Too Big to Fail, which won the Gerald Loeb Award for Best Business Book, and was shortlisted for the Samuel Johnson Prize and the Financial Times Business Book of the Year Award. Sorkin is a long-time journalist at The New York Times, the creator of DealBook, co-creator of the TV drama Billions, and a television co-presenter for CNBC's Squawk Box.
Rezensionen
In this glorious account of the 1929 crash, Andrew Ross Sorkin conjures up the mad euphoria, crushing collapse, and subsequent political reckoning with equal finesse. He tells the story through a rich cast of unforgettable characters and resists the urge to portray them as simple heroes or villains so much as flawed people lost in a calamity almost beyond their comprehension. This converts his saga into a timeless cautionary tale that speaks to the present no less than the past Ron Chernow, Pulitzer Prize-winning author of Washington
Sorkin's vivid and forensic account . . . is a real eye-opener . . . a work of true scholarship, the fruits of eight years of research by Sorkin drawing on an extensive array of materials, including personal correspondence and unpublished papers whose details have been woven into the story of the Great Crash for the first time. 1929 will have a distinct place within the Great Crash/Depression genre, just as did Too Big to Fail and for the same reasons-a people's tragedy told through the lens of the leading players and their personalities, friends and families Andy Haldane Financial Times