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Monday, December 20, 2010

Bob Brinker's Top Book Recommendation

Bob Brinker's "One Book to read over the holidays"
This weekend Bob Brinker said that if he had to pick one book to recommend reading from all the guests he had on the show this year it would be Andrew Sorkin's book Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves

Brinker said Sorkin's book provides a comprehensive view of what happened to the financial system in the meltdown and the players involved.

Product Description:
A brilliantly reported true-life thriller that goes behind the scenes of the financial crisis on Wall Street and in Washington.

"In one of the most gripping financial narratives in decades, Andrew Ross Sorkin-a New York Times columnist and one of the country's most respected financial reporters-delivers the first definitive blow- by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world's economy."
Later in the show, Bob had on the show  Barbara Weltman editor of the J K Lasser tax guides:
One caller to Sunday's show said the middle class continues to fall behind, losing ground to the rich. He said the rich are getting richer. In response to the caller, Bob Brinker said high income people should be thrilled with the bill. At the start of the show Brinker sounded pleased when he reported that the new tax law was finally enacted for the next two years. Brinker's one complaint for the new tax bill was saying he didn't think capital gains should be taxed at all.

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