1929: The Inside Story Of The Greatest Crash In Wall Street History

A #1 INTERNATIONAL BESTSELLERONE OF BARACK OBAMAS FAVOURITE BOOKS OF 2025NAMED A BEST BOOK OF 2025 IN THE Financial Times, Economist, New Statesman, Bloomberg, TIME, Washington Post and The New York TimesSuperb... brings the great drama to life Martin Wolf, Financial TimesFrom the bestselling author of Too Big to Fail, the definitive history of the 2008 banking crisis,* comes a spellbinding narrative of the most infamous stock market crash in history one with ripple effects that still shape our society todayIn 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 unfoldedone 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 todays worldwhere 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. Its about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash comingonly 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 timewith 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