Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again » (Unabridged,Unabridged CD)

SUZANNE McGEE, is a contributing editor at Barron’s. She has written about the financial markets for the New York Post, Institutional Investor, Portfolio.com, and the Financial Times and is a Loeb Award winner for a multimedia series on consumer culture in China. Earlier in her career she was a staff reporter for the Wall Street Journal.

Veteran Wall Street journalist Suzanne McGee explores why the Wall Street implosion happened and finds that the driving force was the belief among individual investors that they could make the kind of money taken in by the investment banking and securities firm Goldman Sachs.

How did Wall Street become a self-serving and ultimately destructive profit machine that imploded? Wall Street's real job is to be our "financial utility"—-good financial plumbers that funnel capital to companies so the economy can expand and create jobs and also provide the means for individual investors to build portfolios that will increase personal wealth.

But Wall Street went haywire and became (in Jon Stewart's words) a "bizarro" place that lost touch with most of America. Suzanne McGee provides a penetrating and disturbing look at forces that have transformed Wall Street into a risk-taking behemoth that spun out of control and took the economy and millions of 401(k)s down with it....

The Washington Post - James Ledbetter

…Chasing Goldman Sachs is an exceptionally lucid, well-written account of how and why the financial system broke down…