1929
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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 folly that led to an
era-defining collapse—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 unfolded—one 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 today’s world—where 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.” It’s about disregarded
alarm bells, financiers who fell from grace, and skeptics who saw
the crash coming—only 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
time—with 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