In this gripping book, Pulitzer Prize–winning journalist Ron Suskind tells the complete story of the financial meltdown in the United States and an untested new president charged with commanding Washington, taming Wall Street, rescuing an economy on the verge of collapse and restoring the confidence of a shaken nation.
Suskind moves from the frenzied trading floors of lower Manhattan to the power corridors inside the Beltway and introduces a larger-than-life cast of politicians and advisors, titans of high finance, reformers, lobbyists and others who faced a crisis that threatened not only a nation, but the entire world. Based on hundreds of hours of interviews and exhaustive research, filled with piercing insight and startling disclosures, Suskind’s eye-opening book goes beyond the headlines and previous accounts, bringing into focus the unprecedented struggle between Wall Street and Washington, between hope and fear, that continues to roil the country.
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The hidden history of Wall Street and the White House comes down to a single, powerful, quintessentially American concept: confidence. Both centers of power, tapping brazen innovations over the past three decades, learned how to manufacture it. But in August 2007, that confidence finally began to crumble.
In this gripping and brilliantly reported book, Ron Suskind tells the story of what happened next, as Wall Street struggled to save itself while a man with little experience and soaring rhetoric emerged from obscurity to usher in "a new era of responsibility." It is a story that follows the journey of Barack Obama, who rose as the country fell, offering the first full portrait of his tumultuous presidency.
RON SUSKIND is the author of The Way of the World, The One Percent Doctrine, The Price of Loyalty, and A Hope in the Unseen. From 1993 to 2000 he was the senior national affairs writer for The Wall Street Journal, where he won a Pulitzer Prize. He lives in Washington, D.C.
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