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parsed(2011-02-01) - pubdate: 02/11
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pub date: 1296540000
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The Big Short

Inside the Doomsday Machine

February 1, 2011 | Trade paperback
ISBN: 9780393338829
$22.95
Reader Reward Price: $20.66 info
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Description

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 smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking. Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. 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.

About this Author

Michael Lewis is the best-selling author of Liar's Poker, Moneyball, The Blind Side, The Big Short, The Undoing Project, and The Fifth Risk. He lives in Berkeley, California, with his family.

ISBN: 9780393338829
Format: Trade paperback
Pages: 320
Publisher: W. W. Norton & Company
Published: 2011-02-01

Reviews

"No one writes with more narrative panache about money and finance than Mr. Lewis....[he] does a nimble job of using his subjects' stories to explicate the greed, idiocies and hypocrisies of a system notably lacking in grown-up supervision....Writing in faintly Tom Wolfe-ian prose, Mr. Lewis does a colorful job of introducing the lay reader to the Darwinian world of the bond market."

"Superb: Michael Lewis doing what he does best, illuminating the idiocy, madness and greed of modern finance. . . . Lewis achieves what I previously imagined impossible: He makes subprime sexy all over again."

"One of the best business books of the past two decades."

"I read Lewis for the same reasons I watch Tiger Woods. I'll never play like that. But it's good to be reminded every now and again what genius looks like."

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