Overview

From the bestselling author of Too Big to Fail, comes a riveting, fly-on-the-wall account of the most infamous stock market crash in history 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 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.

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9780241479414

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Reviews

In this glorious account of the 1929 crash, Andrew Ross Sorkin conjures up the mad euphoria, crushing collapse, and subsequent political reckoning with equal finesse. He tells the story through a rich cast of unforgettable characters and resists the urge to portray them as simple heroes or villains so much as flawed people lost in a calamity almost beyond their comprehension. This converts his saga into a timeless cautionary tale that speaks to the present no less than the past -- Ron Chernow, Pulitzer Prize-winning author of <i> Washington Andrew Ross Sorkin has done it again. 1929 is mesmerizing from beginning to end—a deeply important book. Like Too Big to Fail, it’s a masterclass in narrative nonfiction, a dazzling tale?of a pivotal moment in history brought to life through meticulous?reporting. The colorful characters, the politics, the financial mania—it all unfolds with eerie relevance. You feel like you’re reading about today. I was blown away -- Walter Isaacson, New York Times bestselling author of <i> Steve Jobs and <i> Benjamin Franklin In Andrew Ross Sorkin’s fresh and revealing telling, the stock market crash of 1929 becomes a great human drama, full of contingency and misunderstanding, friends and enemies, courage and fear, greed and generosity. Out of that financial catastrophe came many of the institutions and ideas that we still turn to in moments of crisis. But as Sorkin shows, even those with the greatest wealth and power and experience can still be caught off guard by the twists and turns of history -- Beverly Gage, Pulitzer Prize-winning author of <i> G-Man With a storyteller’s eye and an expert’s grasp of detail, Andrew Ross Sorkin has given us an engaging and memorable account of one of the largest events in American history—the Crash of 1929. In Sorkin’s gifted hands, this is a human drama with profound consequences for democracy and for capitalism—and it is a reminder of the fragility of the things we like to think are invulnerable. -- Jon Meacham, Pulitzer Prize-winning author of <i> American Lion

Author Information

Andew Ross Sorkin is the author of Too Big to Fail, which won the Gerald Loeb Award for Best Business Book, and was shortlisted for the Samuel Johnson Prize and the Financial Times Business Book of the Year Award. Sorkin is a long-time journalist at The New York Times, the creator of DealBook, co-creator of the TV drama Billions, and a television co-presenter for CNBC's Squawk Box.

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