All the devils are here.

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As the crisis unfolded, blame was quickly assigned, but Bethany McLean and Joe Nocera argue that the broader context has been overlooked. They reveal that a myriad of players—greedy traders, misguided regulators, unscrupulous subprime companies, cowardly legislators, and oblivious home buyers—contributed to the economic disaster. This work traces the financial crisis's hidden history over several decades, examining the motivations of CEOs, politicians, lenders, borrowers, and Wall Street traders. It uncovers the significant roles of companies like AIG, Goldman Sachs, and Fannie Mae, while also exploring the powerful mythology surrounding homeownership. Ultimately, the authors assert that the crisis was less about finance and more about human nature. Just as McLean's previous work on Enron was acclaimed, this book is poised to be a definitive account of the financial meltdown. It has been praised as the best business book of 2010 by the Huffington Post and is expected to serve as a key resource in business education regarding the financial crisis. The New York Times recognizes it as a thorough account that sheds light on troubling headlines, both past and future.