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Download Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation Audiobook

Extended Audio Sample Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation, by Daniel Gross Click for printable size audiobook cover
3 out of 53 out of 53 out of 53 out of 53 out of 5 3.00 (55 ratings) (rate this audio book) Author: Daniel Gross Narrator: Jesse Boggs Publisher: Simon & Schuster Audio Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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The financial crisis that has gripped this country since last September has had so many twists and turns, it would make for a great drama -- if it all were not so real and damaging. Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning. The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care.

So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme? It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining. In Dumb Money, he offers a guide to the debacle and to what the future may hold. This is not so much a book about who did what, though that's part of the story. Rather, it pieces together the building blocks of the debt-fueled economy, and distills the theory and personalities behind our late, lamented easy money culture. Dumb Money is a book that finally lays it all out in an engaging way, and might just help people invest their money smartly until the gloom passes.

Download and start listening now!

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Quotes & Awards

  • “Mr. Gross gives the lay reader a succinct, breezy, and sometimes snarky account of how ‘the Ownership Society’ so quickly devolved ‘into Bailout Nation,’”  

    New York Times

Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Johann | 3/5/2012

    " Interesting and informative but a better book on the same subject with mug more information an history is -"the quants" however both books have slight bias running inopposite direction so read both lol "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 by Chad | 3/4/2011

    " Every stock "trader" should read this book. Though I've never been a day trader, I personally think day trading is a fool's game. This is a book about a fool's lifestyle. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 by Laura | 2/21/2011

    " A look at the housing bubble and the recession that followed. It broke down how the cheap money led to some dumb money and then dumber money. Very interesting ideas. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Johann | 9/15/2010

    " Interesting and informative but a better book on the same subject with mug more information an history is -"the quants" however both books have slight bias running inopposite direction so read both lol "

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