Anyone willing to read a longish book could benefit from this book. It is the best book on the crisis so far.
If you want to, you can buy it here: All the Devils Are Here: The Hidden History of the Financial Crisis.
This is a good book that deserves to be read by those that want a clear view of how Bear Stearns went down. It is engaging and informative.
You can buy it here:
Most people would benefit from this book on the crisis. The book is available here: Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable (Bloomberg)
Most average investors could benefit from the book. It would tell them that economic systems that rely on third-party appraisals are inherently fragile. They can be gamed by those with a concentrated interest for a time, until reality catches up with them.
I recommend this book highly. If you want to buy the book, you can buy it here: Confidence Game: How a Hedge Fund Manager Called Wall Street’s Bluff.
Anyone looking to understand the fundamental reasons behind the crisis will benefit.
If you want to buy it, you can find it here: Slapped by the Invisible Hand: The Panic of 2007 (Financial Management Association Survey and Synthesis)
Almost everyone would benefit. It does a great job laying out the problems, and the solutions that they offer are eminently reasonable. Again, you have to be willing to read a book where the words are big, the sentence structures are complex, and you already understand something about economics.
If you want to buy the book, you can buy it here: 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.
All in all a very good book. If you have a relative that doesn’t understand the crisis, this will explain it to him in a simple way. If you want to buy it, you can buy it here:
If you get easily dismayed, this is not the book for you. Michael Panzner paints an “end of the era” picture for America, with the nation as a whole less well off.
For those that are willing to look at the pessimistic side of what is possible, When Giants Fall is a reasonable account of what could happen. Warning: the book is long on description, and short on solutions, both personal and national.
You can buy it here: When Giants Fall: An Economic Roadmap for the End of the American Era.