Just finished reading “Too Big to Fail”: highly recommend

A little on the thick side (624 pages) but a terrific read.  I enjoyed seeing what happened behind the scenes and how these CEOs operate and interact.  Eye-opening…not just about financial & capital markets but on executive leadership.  Highly recommend reading this book even if you don’t care about Wall Street.

Most revealing was the significant impact of ex-US regulators.  UK stopped Lehman from being saved which then caused the domino effect.  Also, US regulators didn’t realize that UK, Japanese, and other ex-US regulations would shut down Lehman immediately and make the entire system collapse overnight …

Joe has read this book

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