by Felix Salmon

“I had a very interesting conversation with Bob Pozen yesterday evening; his new book is out now, and I highly recommend it. It’s the first crisis book to make a detailed series of specific recommendations about what needs to be done going forwards — or, in the words of the book’s subtitle, ‘how to fix the US financial system’.”

Review By Alisa Greenstein

“Robert Pozen, Chairman of MFS Investment Management, offers an insightful examination of the causes of the current global financial crisis in his new book “Too Big To Save? How to Fix the U.S. Financial System.” Pozen’s text provides a detailed framework to analyze the abundance of information about the financial crisis, to avoid repeating the mistakes of the past and to create an effective plan for fixing the financial system in the future. In part ..read more

“Too Big to Save?” — As the chairman of MFS Investment Management, author Robert Pozen has a keen sense of global finance. The subtitle explains his mission, “How to Fix the U.S. Financial System.” Tackles all things technical, from insurance-like credit default swaps to money markets and short selling of stocks … A tough but valuable read for anyone who’s interested in how America gets out of its financial mess. Should be required reading on Capitol Hill.

Professor Tyler Cowen reviews *Too Big to Save*, by Robert Pozen:

“Robert Pozen’s Too Big to Save: How to Fix the U.S. Financial System is the single best source for figuring out what happened. It is the go-to book if you are a non-specialist and want to understand: how credit default swaps work, the significance of Basel II, mark-to-market, how the various Fed bailouts operated, the meaning of the toxic asset plans, and many other matters.”