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1929
1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation | Andrew Ross Sorkin
4 posts | 2 read | 1 reading | 3 to read
From 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. With the depth of a classic history and the drama of a thriller, 1929 unravels the greed, blind optimism, and human folly that led to an era-defining collapseone with ripple effects that still shape our society today. In 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 naivete in an endless boom led to disaster. 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
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Hooked_on_books
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Pickpick

This was a tricky read for me because, while it‘s an excellent book, whenever something finance/economics is discussed, my eyes go a bit blurry and my brain gets fuzzy. So that made it hard for me to get all the info into my brain. But for those who don‘t have that issue, it‘s an interesting recounting. He does try to draw parallels to today, which was not as successful for me.

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Leftcoastzen
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Still working on these , have I had any time to read this weekend so far ? No I have not 🙁

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fredthemoose
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Pickpick

⭐️⭐️⭐️⭐️💫 Engaging history of the 1929 stock market crash and its aftermath, told by profiling several of the men (and they all were) with prominent roles in banking and government. It also chronicled some of the fallout with congressional investigations and legislation meant to curb some of the excesses in the future. It got a little tricky to keep everyone straight at times, but was really interesting. 💰 💥 📉

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Leftcoastzen
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How many bricks do I need on my nightstand? Saw an interesting interview with Sorkin on The Lincoln Project w/ Rick Wilson on https://youtu.be/I6rk9KgEEl8?si=ntM_6OPSCHTNupig YouTube. Another thing to worry about.

melissajayne I watched that interview and the history nerd in me loved it. 3w
Hooked_on_books I added the audio of this to my holds list the other day. It looks good and hopefully not too prophetic. 3w
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