Go behind the scenes of the 2008 financial crisis to learn what
actions led to one of the worst recessions in history, and how, without
focused action from the US government and leading organizations, we may
be on track to repeat our same mistakes.
In 2008, the American economy collapsed, taking with it millions of
Americans' jobs, homes, and life savings. The impending financial crisis
was devastating, and many are still feeling its effects today.
Though the crisis was debilitating, the US government has yet to
implement policies that would prevent a repeat of the Great Recession.
The middle class continues to shrink, escalations in racial injustices
prevail, and distrust of the government grows by the day. And with the
country's current fiscal policies, our economy is in a fragile place,
barely strong enough to survive a shock caused by an international
conflict, a cyberattack, or a global pandemic, like COVID-19.
Written by the former CEO of Washington Mutual Bank and the former vice
chair of the Federal Home Loan Bank of Des Moines, Nothing Is Too Big
to Fail holds a microscope to the very policies and corruption that led
to this major economic recession. Authors Kerry and Linda Killinger warn
that, without significant institutional change, the country has created
asset and debt bubbles that could burst at any time.
No institution, government, or country is "too big to fail." But by
learning from our past mistakes and taking action to ensure our
country's businesses and government officials maintain proper fiscal
responsibility, we can return our country's economic system--and in
turn, our democracy--to one that is secure.
All proceeds of this book will be donated to charity to aid in criminal
and social justice, government reform, civil discourse, and community
building.
2021 Axiom Business Book Award Bronze Winner for Business
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