First impressions of "Too Big to Fail"
I am about halfway through Too Big to Fail, Andrew Ross Sorkin’s 585-page tome on the near-undoing of our financial system. First impressions:
Sorkin, who is the M&A reporter for The New York Times, did a helluva lot of work on this. It reads like a novel, because he did hundreds of interviews in order to reconstruct scenes. He explains what happens simply and accessibly. It’s impressive.
What’s not impressive is the number of typos. I’ve probably come across 25-30 already, and I’m talking easy stuff like misspellings that spellcheck would have caught. We at Charlotte mag, of course, have printed our fair share of head-scratching errors, but the sheer volume in this book has caught me off guard. He thanks his editors in the foreword. For his next book, he needs a copyeditor too.
Ken Lewis is an ornery cuss. Sorkin’s depictions of Lewis negotiating for Lehman and Merrill make Lewis seem like some sort of Dixie mob boss, operating through his capo Greg Curl (who actually refers to Lewis as "Boss.") And these are negotiations with the highest levels of the U.S. government. I’m not so sure BofA wants to let this kind of operator go.