All the Devils Are Here

The Hidden History of the Financial Crisis

The New York Times bestseller hailed as "the best business book of 2010" (Huffington Post).

 

As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?

According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.

All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.

Bethany McLean is a writer for Vanity Fair and the coauthor of The Smartest Guys in the Room. She was previously editor at large of Fortune and spent three years working at Goldman Sachs. She lives in Chicago. View titles by Bethany McLean
Joe Nocera is an op-ed columnist for The New York Times. His previous books include All the Devils Are Here (with Bethany McLean), Good Guys and Bad Guys, and A Piece of the Action. He has won three Gerald Loeb Awards for excellence in business journalism and was a finalist for a Pulitzer Prize in 2006. Nocera lives in New York City. View titles by Joe Nocera

About

The New York Times bestseller hailed as "the best business book of 2010" (Huffington Post).

 

As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?

According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.

All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.

Author

Bethany McLean is a writer for Vanity Fair and the coauthor of The Smartest Guys in the Room. She was previously editor at large of Fortune and spent three years working at Goldman Sachs. She lives in Chicago. View titles by Bethany McLean
Joe Nocera is an op-ed columnist for The New York Times. His previous books include All the Devils Are Here (with Bethany McLean), Good Guys and Bad Guys, and A Piece of the Action. He has won three Gerald Loeb Awards for excellence in business journalism and was a finalist for a Pulitzer Prize in 2006. Nocera lives in New York City. View titles by Joe Nocera

Books for National Depression Education and Awareness Month

For National Depression Education and Awareness Month in October, we are sharing a collection of titles that educates and informs on depression, including personal stories from those who have experienced depression and topics that range from causes and symptoms of depression to how to develop coping mechanisms to battle depression.

Read more

Horror Titles for the Halloween Season

In celebration of the Halloween season, we are sharing horror books that are aligned with the themes of the holiday: the sometimes unknown and scary creatures and witches. From classic ghost stories and popular novels that are celebrated today, in literature courses and beyond, to contemporary stories about the monsters that hide in the dark, our list

Read more

Books for LGBTQIA+ History Month

For LGBTQIA+ History Month in October, we’re celebrating the shared history of individuals within the community and the importance of the activists who have fought for their rights and the rights of others. We acknowledge the varying and diverse experiences within the LGBTQIA+ community that have shaped history and have led the way for those

Read more