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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<>...
About the author
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.
