From the traders on Wall Street to the unsuspecting middle class American families in the suburbs, these fiction and non-fiction books document in stunning detail the causes and effects of the 2008 financial crisis known as The Great Recession.
1. Too Big To Fail by Andrew Ross Sorkin
“In one of the most gripping financial narratives in decades, Andrew Ross Sorkin-a New York Times columnist and one of the country’s most respected financial reporters-delivers the first definitive blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world’s economy.”
2. Model Home by Eric Puchner
“Warren Ziller moved his family to Southern California in search of a charmed life, and to all appearances, he found it: a gated community not far from the beach, amid the affluent splendor of the 1980s. But the Zillers’ American dream is about to be rudely interrupted. Warren has squandered their savings on a bad real estate investment, which he conceals from his wife, Camille, who misreads his secrecy as a sign of an affair. Their children, Dustin, Lyle, and Jonas, have grown as distant as satellites, too busy with their own betrayals and rebellions to notice their parents’ distress. When tragedy strikes, the Zillers are forced to move to Warren’s abandoned housing development in the desert. In this comically bleak new home, each must reckon with what’s led them there and who’s to blame—and whether they can summon the forgiveness needed to hold the family together.”
3. Made To Break Your Heart by Richard Fellinger
“It’s 2008, and Nick Marhoffer is a stressed-out dad who finds himself flirting with thoughts of infidelity. While his job is being threatened by a crumbling economy, he’s fraught with anxiety over his only son’s well-being. So when his son starts playing baseball, Nick becomes a rabid Little League dad who loses sight of what’s good in his life. After developing a crush on a gorgeous team mom, he can’t decide between her and his wife, then finds himself at risk of losing everything that’s most important to him.
“This is a smart, sexy, and funny novel about bad breaks, bad decisions, and the long road of life.”
4. The Hole We’re In by Gabrielle Zevin
“With The Hole We’re In—a bold, timeless, yet all too timely novel about a troubled American family navigating an even more troubled America—award-winning author and screenwriter Gabrielle Zevin delivers a work that places her in the ranks of our shrewdest social observers and top literary talents. Meet the Pomeroys: a church-going family living in a too-red house in a Texas college town. Roger, the patriarch, has impulsively gone back to school, only to find his future ambitions at odds with the temptations of the present. His wife, Georgia, tries to keep things afloat at home, but she’s been feeding the bill drawer with unopened envelopes for months and never manages to confront its swelling contents. In an attempt to climb out of the holes they’ve dug, Roger and Georgia make a series of choices that have catastrophic consequences for their three children—especially for Patsy, the youngest, who will spend most of her life fighting to overcome them.”
5. 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.”