Pulitzer Prize-winning financial reporter Gretchen Morgenson chronicles the failings of Wall Street regulators in Reckless Endangerment: How Outsized Ambition, Greed and Corruption led to Economic Armageddon.
Michael Lewis' new book The Big Short chronicles the 2008 financial collapse through the investors who realized what was happening to the U.S. economy while it was happening -- and then made a fortune by betting against the markets.
Michael Moore's Capitalism: A Love Story made a splash, but critic John Powers says its critique of capitalism is "the kind of scattershot tirade I used to hear in my college dorm." Better object lessons: New documentaries, Schmatta and American Casino, that do far more to explain how grand economic forces shape our daily lives.
Financial journalist Andrew Ross Sorkin discusses his investigation into what really happened one year ago during the financial collapse and bailout. That's the epic tale he tells in his new book Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System — and Themselves.
Pulitzer Prize-winning business columnist Gretchen Morgenson talks about the subprime mortgage crisis and its effects on the markets and on the economy. Morgenson, an assistant business and financial editor for The New York Times, has covered the financial markets for The Times since 1998.