Andrew Ross Sorkin — 1929: The Inside Story of the Greatest Crash in Wall Street History--and How It Shattered a Nation - with Mike Allen episode artwork

EPISODE · Nov 25, 2025 · 1H 3M

Andrew Ross Sorkin — 1929: The Inside Story of the Greatest Crash in Wall Street History--and How It Shattered a Nation - with Mike Allen

from Politics and Prose Presents · host Politics and Prose

In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded--one of visionaries and fraudsters, titans and dreamers, euphoria and ruin.With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naivete in an endless boom led to disaster. The dizzying highs and brutal lows of this era eerily mirror today's world--where markets soar, political tensions mount, and the fight over financial influence plays out once again.This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that "this time is different." It's about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming--only to be dismissed until it was too late.Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time--with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.Andrew Ross Sorkin is an award-winning journalist for The New York Times and a co-anchor of Squawk Box, CNBC's signature morning program. He is also the founder and editor-at-large of DealBook, an online daily financial report published by The New York Times that he started in 2001. Sorkin is the bestselling author of Too Big to Fail and the co-producer of the 2011 film adaptation, which was nominated for eleven Emmy Awards. Sorkin is also co-creator of the drama series Billions on Showtime.Sorkin is joined in conversation with Mike Allen, co-founder of Axios. Allen writes the Axios Daily Essentials newsletters, Axios AM, Axios PM and Axios Finish Line. He was also an executive producer of the Emmy Award-winning docu-news series, “Axios on HBO,” and co-author of Smart Brevity: The Power of Saying More with Less. Allen was a co-founder of Politico, where he created Politico Playbook and helped build the company for its first decade. He has been named several times to Vanity Fair's “New Establishment” list. He is also an alumnus of TIME, The New York Times, The Washington Post, and the Richmond Times-Dispatch. He is from Orange County, Calif., and graduated from Washington and Lee University. https://politics-prose.com/book/9780593296967?ic_referral=x3frTsvJt25sAKKdD_BZQZPKTCPBPul8twebGsGVdBYwMz1uci2VFnpKTpgVkqQFhVQUsed0kNb6J5IJsKOAQylMGoN3pr4eQScWTE3xhZP7c5WPx2IvJPhb7Ba9m3VyLpdwvfM

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Andrew Ross Sorkin — 1929: The Inside Story of the Greatest Crash in Wall Street History--and How It Shattered a Nation - with Mike Allen

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