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While not as accessable or entertainingly irate as Matt Taibbi's recent "Griftopia", this recent addition to the financial collapse literature is still a fascinating read, likely to get your hackles back up about all the causes of the 2008 financial meltdown. Taibbi's book was a bit more readable thanks to his saintlike eagerness to clearly explain many extremely complicated economic concepts, and his decidedly unsaintlike urge to editorialize in a most profane manner. With "All the Devils Are Here", McLean and Nocera take a more labrynthine approach, sniffing out root causes going all the way back to late 70s. Rather than bulking up the page count with detailed explanations of every type of derivitive and security and financial insturment in play, they hit the ground running, pausing only long enough to (if you're lucky) give you a paragraph-long primer so you have a slightly better chance of keeping up. They go heavy on the jargon, and just by virtue of the huge cast of characters and institutions involved, the authors toggle furiously between the goings-on of Goldman Sachs, Countrywide, the Fed, Fannie and Freddie, Merril Lynch, AIG, Moody's, and dozens of other lenders, ratings organizations, loan originators, insurers, and regulators. By the end, you realize that anytime you may have ever heard a pundit on a news network blaming the financial crisis on any single person or entity, they were totally full of crap. It has become pretty apparent in the year's since 2008 that it was, indeed, and entire industry that screwed up. Every single aspect of it. You can point to just about every one involved and find some act of stupidity or ignorance or greed they committed that contributed to the end result. To truly understand it all, the complexity of the events themselves preclude anything resembling an 'easy' read. But within that context, McLean and Nocera manage to make a modicum of sense out of the dozens and dozens of threads that wove together to create the final frustratingly greed-tinted tapestry.