The shortlist for the Financial Times and Goldman Sachs Business Book of the Year has been announced. As with the longlist for the award, it is dominated by books covering the recent financial turmoil. The only two covering other topics are:

• The Art of Choosing by Sheena Iyengar, Twelve

• The Facebook Effect: The Inside Story of the Company That Is Connecting the World by David Kirkpatrick, Simon & Schuster

The books on the shortlist that cover the crisis are:

• The Big Short: Inside the Doomsday Machine by Michael Lewis, W.W. Norton & Company
• More Money than God: Hedge Funds and the Making of a New Elite by Sebastian Mallaby, Penguin Press
• Fault Lines: How Hidden Fractures Still Threaten the World Economy by Raghuram Rajan, Princeton University Press
• Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—And Themselves by Andrew Ross Sorkin, Viking Books

Three of the books that made the shortlist—The Art of Choosing, The Big Short and Too Big to Fail—were Jack Covert Selects when they were released, and Too Big to Fail was the 800-CEO-READ Business Book of the Year in 2009.*

To read more about the judges and how they came to their decision, head on over to Andrew Hill’s coverage of their meeting at FT.com. We’ll let you know in late October who takes home the final prize.

*Submit your books to the 2010 800-CEO-READ Business Book Awards today.