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Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation Paperback – April 14, 2009
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Top Customer Reviews
Gross is not interested in finding a ideologically motivated one-stop-shopping-style guilty party ("It's Clinton's fault!"). Instead, he concentrates on the mechanics of how things got to the point they are at now - and in a way easily accessible to the layperson, without sacrificing accuracy.
On the other hand, what makes this book so good as a summary, is also its weakness in the broader context of financial & market policy moving forward - I would be careful about drawing generalized conclusions based on the analysis.
Most Recent Customer Reviews
If you know about the Financial Crisis, this book tells it pretty straight forward. If you don't know the meaning of dumb money, Daniel Gross tells it pretty clear for you. Read morePublished 6 months ago by Jade30
Daniel Gross (born 1967) is an American journalist who is editor of global finance for the Daily Beast/Newsweek, and was formerly Senior Editor at Newsweek. Read morePublished 24 months ago by Steven H Propp
In this quick, little book, author and journalist Daniel Gross looks at the financial crisis of 2008+. Read morePublished on December 25, 2012 by The Reviewer Formerly Known as Kurt Johnson
This book is a really great starting place to begin to understand the financial cataclysm of 2008 that was so large that there don't even exist adjectives to span its enormity -... Read morePublished on January 21, 2012 by GirlScoutDad
This is a small book, and relatively easy reading (in a physical sense). Somewhat disturbing in an intellectual sense, but of course that's part of its purpose. Read morePublished on January 20, 2012 by John E. Michals
I have taken extra interest in being wiped out by the wealthy since hedge funds were able to borrow easy money to bet on things that go up, down, and sideways in free markets. Read morePublished on September 18, 2010 by Bruce P. Barten
I've read other books by Daniel Gross, and he was ahead of the herd calling housing a bubble while everyone else thought housing would go up forever. Read morePublished on May 6, 2010 by J Sung
"Dumb Money" is an easy-to-read account of how greed, ignorance, and wishful thinking combined to produce the great economic bubble of 2004-2007 and how it all fell apart in 2008. Read morePublished on September 2, 2009 by David F. Nolan