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 naivety in an endless boom led to wreckage. 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. 1929 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, Too Big to Fail reimagined how financial crises are told. Now, with 1929, 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, 1929 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.
*The Atlantic Monthly
About The Author:
Andrew Ross Sorkin is an award-winning journalist for The New York Times and a co-anchor of Squawk Box, CNBC's signature morning program. He is also the founder and editor-at-large of DealBook, an online daily financial report published by The Times that he started in 2001.
Sorkin is the author of "Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System — and Themselves" (Viking, 2009), which chronicled the events of the 2008 financial crisis. The book won the 2010 Gerald Loeb Award for Best Business Book, and was shortlisted for the 2010 Samuel Johnson Prize and the 2010 Financial Times Business Book of the Year Award. The book spent more than six months on The New York Times Best Seller list in hardcover and paperback. The book was adapted as a movie for HBO Films in 2011. Sorkin was a co-producer of the film, which was nominated for 11 Emmy Awards.
Sorkin is also co-creator of the drama series "Billions" on Showtime.
Sorkin is one of the preeminent interviewers in the nation, known for his incisive, nuanced long-form conversations with the biggest newsmakers in the world, from Elon Musk to Lebron James to Kim Kardashian and Hillary Clinton. Just this year, he won the Emmy award for "Outstanding Live Interview."
Mr. Sorkin began writing for The Times in 1995 under unusual circumstances: he hadn't yet graduated from high school.
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