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Wall Street’s Near-Death Experience

October 5th, 2009 · Comments Off

Too Big to Fail - Wall street
Andrew Ross Sorkin in Vanity Fair, Wall Street’s Near-Death Experience.

“With the implosion of Lehman Brothers, in September 2008, the realization dawned: Morgan Stanley and Goldman Sachs could be next. In an excerpt from his new book, the author reveals the incredible scramble that took place—desperate phone calls, seat-of-the-pants merger proposals, flaring tempers—as Washington got tough and Wall Street titans Lloyd Blankfein and John Mack fought for survival.”

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