Bottom Line: if you're going to read just one book on the GFC, I heartily recommend this one.
P.S. The following vignette (from the final chapter) gives a feel for the kind of excess that is, and probably always will be, endemic to Wall St:
Well into the crisis period, when banks such as Citigroup were operating on federal investment and when Citi's stock was in single digits, Vikram Pandit, the CEO, was observed with a lunch guest at Le Bernardin, the top-rated restaurant in New York. Pandit looked discerningly at the wine list, saw nothing by the glass that appealed and ordered a $350 bottle so that, as he explained, he could savor "a glass of wine worth drinking." Pandit drank just one glass; his friend had none. The rest was presumably poured down a gilded drain.
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