The Big Short: Inside the Doomsday Machine
| Author | : | |
| Rating | : | 4.42 (843 Votes) |
| Asin | : | 0393338827 |
| Format Type | : | paperback |
| Number of Pages | : | 291 Pages |
| Publish Date | : | 2013-08-02 |
| Language | : | English |
DESCRIPTION:
Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. And it's essential reading."—Graydon Carter, Vanity Fair. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking. The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower--and middle--class Americans who can't pay their debts. The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. Out of a handful of unlikely--really unlikely--heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time
A Norton hardcover. Although Lewis reads the book's introduction, narration duties are assumed by Jesse Boggs, a veteran narrator of business titles (including Lewis's own 2008 book Panic!). (Mar.)Copyright © Reed Business Information, a division of Reed Elsevier Inc. Lewis returns on the final disc for a 10-minute interview about the crisis's aftermath, including a savvy assessment of the wisdom of the financial bailout and where-are-they-now updates on the book's various heroes and villains. Boggs's rich baritone is well suited to the task and trips lightly through a maze of financial jargon (CDOs, derivatives, mid-prime lending) and a dizzying cast of characters. From Publishers Weekly Although Lewis is perhaps best known for his sports-related nonfiction (including The Blind Side), his first book was the autobiographical Liar's Poker, in which he chronicled his disillusionment as a young gun
Greed is not so good. Clever and intriguing with a real from the street feeling as the writer, Michael Lewis tells the story from the viewpoints of several critical, but lesser known “main players” who saw and actively partook in the Wall Street madness. Lewis spent several years on wall Street- straight outta college and he understands the games played, his earlier book “Liar&rsq. Susan Sloate, Best-selling author of FORWARD TO CAMELOT and STEALING FIRE said Loved the book, loved the movie. I saw the movie before I read the book, and for reasons I can't explain, it simply fascinated me. I re-watched it dozens of times, and read the book three or four times. Like the other Michael Lewis books I've read, this is a fast read explaining a lot of complex issues and introducing you to interesting, funny and quirky characters, in this case the outsiders who saw what no . ConstantReader said Autopsy of the financial crisis of "Autopsy of the financial crisis of 2008" according to ConstantReader. As a pretty regular reader of the business section of the New York Times, I knew that adjustable-rate mortgages were expected to run into problems some day, and I knew what CDOs were and how they transferred risk from mortgage originators to third parties in a way that was economically unsound. But I didn't understand credit-default swaps and I had always thought short selling. 008. As a pretty regular reader of the business section of the New York Times, I knew that adjustable-rate mortgages were expected to run into problems some day, and I knew what CDOs were and how they transferred risk from mortgage originators to third parties in a way that was economically unsound. But I didn't understand credit-default swaps and I had always thought short selling