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All the Devils Are Here: The Hidden History of the Financial Crisis

Bethany McLean

"All the Devils Are Here" goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone involved, delves into the powerful American mythology of homeownership, and proves that the crisis ultimately wasn't about finance--it was about human nature.

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Book Information

Publisher: Portfolio
Publish Date: 08/29/2011
Pages: 416
ISBN-13: 9781591844389
ISBN-10: 159184438X
Language: English

What We're Saying

September 14, 2015

Financial journalist Bethany McLean tackles one of strangest unsolved mysteries of the global financial crisis: Fannie Mae and Freddie Mac. READ FULL DESCRIPTION

February 07, 2012

Paper Promises

By 800-CEO-READ

Our economic lives could literally stop on a dime. All it would take is an agreement redefining what a dime is, or is worth, backed by or tied to. It's happened before, and The Economist's "Buttonwood" columnist Philip Coggan believes it will inevitably happen again as the great international play of creditors and debtors enters its next act. READ FULL DESCRIPTION

September 17, 2015

Bethany McLean weaves a tale of Fannie Mae and Freddie Mac that enlightens, enrages, and educates. READ FULL DESCRIPTION

Full Description

The New York Times bestseller hailed as "the best business book of 2010" (Huffington Post).

As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?

According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.

All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.

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