Confidence Men: Wall Street, Washington, and the Education of a President
Acclaimed Pulitzer Prize-winning journalist Ron Suskind, author of the New York Times bestselling The Way of the World, The One Percent Doctrine, and The Price of Loyalty, gives an explosive inside account of an Obama White House overwhelmed by the global financial crisisand the political and economic consequences still being felt today. Readers of Michael Lewiss The Big S...more
Ron Suskind’s book, Confidence Men: Wall Street, Washington, an ...more
In the Woodward/Bernstein tradition of political journalism, this book offers a contemporary view of a political crisis, as it happens, using extensive interviews to provide an 'as-if-you-were-there' intimate perspective.
We see the financial crisis unfold, and it is not pretty.
There are many striking revelations here, the first being that the President received advanced warning on the crisis, even during his electoral campaign. Of course, he had numerous other is ...more
But the pain is worth it (if, like me, you love your country, believe its best days are still ahead and want ...more
While I thought this would be a political inside-the-mind-of-the-advisors type of book, there's quite a bit of The Big Short (Michael Lewis) in here too; an explanation of the Wall Street shenanigans that led to the near-collapse of the US economy. Suskind has to spend time getting us into that mileau to explain where the economic advisors either came from or were reacting to.
Certainly some of the advisers come across better than others, and with a book of this type one alw ...more
Suskind pulls together inside accounts from countless people in the administration and expertly puts the puzzle pieces together to ...more
It spotlights Wall Street flimflam artists whose venal hawking of credit swap derivatives of sub-prime mortgage instruments led to the Great Recession of 2008 (a calamity which may yet ...more
"It was on a Friday, November 21, that [Christina] Romer first entered Obama's curtain-sealed office in Chicago. Unlike Orszag, she was nervous about meeting Obama and she hadn't even come with any ultimatum or conditions about taking the Council of Economic Advisers job. She was just elated to get to know the guy.
But their first meeting would open on an odd note. Before exchanging hellos or even shaking hands, the president-elect delivered what seemed intended as a zinger.
Like Woodward's last book, Confidence Men paints an unflattering picture ...more
However, the editing and structure of the book is just impossible to fathom. The massive cast of characters, ...more