The Big Short: Inside the Doomsday Machine
Unfortunately, truth frequently outflanks fiction. The most glaring recent of that is, of course, the Recession of 2007-2008, a catastrophic domino-fall set in motion by the actions (and conspicuous inactions) of an embarrassing number of players and regulators. In The Big Short, Moneyball author... show more
Unfortunately, truth frequently outflanks fiction. The most glaring recent of that is, of course, the Recession of 2007-2008, a catastrophic domino-fall set in motion by the actions (and conspicuous inactions) of an embarrassing number of players and regulators. In The Big Short, Moneyball author Michael Lewis tracks these long-festering events with precise details and macabre wit, revealing how self-serving myopia and naked greed fueled the most catastrophic economic crisis since the Great Depression. A Barnes & Noble Bestseller in hardcover; now in paperback and NOOKbook.
Publish date: March 15th 2010
Publisher: Simon & Schuster Audio
Edition language: English
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For more reviews, check out my blog: Craft-CycleThis book felt like it took me an insanely long time to read. I started out trying to figure out word-for-word what happened. After a while, I kind of gave up on understanding it all. Luckily, Lewis seemed to support this with a general attitude of don...
I wanted to read this book for a couple of reasons: 1) I loved the movie, 2) I am an avid student of financial stuff - I am a big fan of certain anchors/reporters from CNBC and Bloomburg channels, 3) I needed a book to fill in a bingo square "adapted for the big screen". ONE BIG CAVEAT to reading ...
The Big Short by Michael Lewis Achievement unlocked: I finally understand what the term "shorting" actually means. Lewis provides a thorough and interesting take on the financial crisis, and now I think I finally begin to understand what caused the world economy to tank. As Lewis notes, there was ...
The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. And it's essential reading."—Graydon Carter, Vanity Fair 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 t...
[2/19/2016]I still don't understand what a credit default swap is, or a CDO, or even a short. But I understand a little better who was a fault, and the kind of people who were involved in the whole incredible mess.Well written, almost like a thriller, this book follows several men who saw what was ...