5 Must-Read Books About Financial Crashes

5 Must-Read Books About Financial Crashes

These 5 must-read fiction and nonfiction books about financial crashes depict the devastating results for ordinary people during and after Wall Street crashes and crises.

1. House of Cards by William D. Cohan

“A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis.”

2. Union Atlantic by Adam Haslett

“At the heart of Union Atlantic lies a test of wills between a young banker, Doug Fanning, and a retired schoolteacher, Charlotte Graves, whose two dogs have begun to speak to her. When Doug builds an ostentatious mansion on land that Charlotte’s grandfather donated to the town of Finden, Massachusetts, she determines to oust him in court. As a senior manager of Union Atlantic bank, a major financial conglomerate, Doug is embroiled in the company’s struggle to remain afloat. It is Charlotte’s brother, Henry Graves, the president of the New York Federal Reserve, who must keep a watchful eye on Union Atlantic and the entire financial system. Drawn into Doug and Charlotte’s intensifying conflict is Nate Fuller, a troubled high-school senior who unwittingly stirs powerful emotions in each of them.”

3. The Ice Palace Waltz by Barbara L. Baer

“The waning years of the Gilded Age and a failed stock market gamble crushes the dreams of the Greenbaums. Only vivacious, copper-haired Tillie can save her family from ruin by entering into a marriage of convenience.”

4. The Big Short by Michael Lewis

“The real story of the crash began in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren’t talking.”

5. The Darlings by Cristina Alger

via pinterest.com

“Since he married Merrill Darling, daughter of billionaire financier Carter Darling, attorney Paul Ross has grown accustomed to all the luxuries of Park Avenue. But a tragic event is about to catapult the Darling family into the middle of a massive financial investigation and a red-hot scandal. Suddenly, Paul must decide where his loyalties really lie.”

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THE ICE PALACE WALTZ by Barbara L. Baer