Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis — and Themselves by Andrew Ross SorkinAndrew Ross Sorkin delivers the first true behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami. From inside the corner office at Lehman Brothers to secret meetings in South Korea, and the corridors of Washington, Too Big to Fail is the definitive story of the most powerful men and women in finance and politics grappling with success and failure, ego and greed, and, ultimately, the fate of the world’s economy.
“We’ve got to get some foam down on the runway!” a sleepless Timothy Geithner, the then-president of the Federal Reserve of New York, would tell Henry M. Paulson, the Treasury secretary, about the catastrophic crash the world’s financial system would experience.
Through unprecedented access to the players involved, Too Big to Fail re-creates all the drama and turmoil, revealing neverdisclosed details and elucidating how decisions made on Wall Street over the past decade sowed the seeds of the debacle. This true story is not just a look at banks that were “too big to fail,” it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
Too Big To Fail - Peter Hermann
The Final Cast Of "Too Big To Fail" Is Unveiled At Last
Centering on Treasury Secretary Henry Paulson, the film goes behind closed doors to examine the symbiotic relationship between Wall Street and Washington. Gould and Sorkin also serve as co-producers. Michele Davis, assistant secretary of the Treasury for public affairs and director of policy planning. A lifelong Republican who pushed for the government to relax certain regulations when he ran Goldman, Paulson was now charged with trying to mitigate a crisis that he and his peers had helped create. And the only solution is something that is completely contrary to his own beliefs, which is government intervention. Those people, to whom the average American citizen entrusted their savings and whose wisdom they relied upon to help them live within their means, encouraged untold profligacy that rigged a system so that the bankers would win and the American people would lose.
You know how we love to play the casting game, and choose famous people to play other famous people in the inevitable movie? This is a mostly straight-up procedural point of view of the Wall Street nightmare that continues to dog us, with only a sprinkling of disbelief, humor, or tragedy detectable amid the frenzied downward spiral. Based on the book by Andrew Ross Sorkin, the movie zooms forward with the soundtrack and editing motions of a suspense thriller, as lots of anxiety-stricken men in suits make urgent phone calls. Major drama is clearly unfolding, as the mortgage crisis grows, as Lehman Brothers falls apart, as the Troubled Asset Relief Program begins. And yet every scene is so mired in technical detail, it feels like a new homework assignment to tackle. At no point in the wonky heavy breathing is there a tangible sense that real lives are affected. And yet they all ultimately blur together into a series of men making big-shot talk.
Waiting to see who would play who was fun -- especially when John Mack proposed joked that Danny Devito should play Lloyd Blankfein -- but now that we get to see who will play who, the match-ups are even more delightful. Only two mystery castings remain: who will play Lloyd Blankfein and Jamie Dimon? Everyone else -- Hank Paulson , Tim Geithner , Neel Kashkari and the rest -- has been matched up with a hot look-a-like actor. Source: Deadline. World globe An icon of the world globe, indicating different international options.