INSTANT
NEW YORK TIMES
BESTSELLER
“It is one of the best narrative histories I’ve read.”
—
The Wall Street Journal
Named a BEST BOOK OF 2025 by
TIME
,
The Economist
, and
Bloomberg
From the bestselling author of
Too Big to Fail
, “the definitive history of the 2008 banking crisis,” (
The Atlantic
) comes a riveting narrative of the most infamous stock market crash in history—one with ripple effects that still shape our society today.
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 naïveté in an endless boom led to disaster. 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.
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,
reimagined how financial crises are told. Now, with
, 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,
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.