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The Big Short: Inside the Doomsday Machine
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 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.
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Reviews
Michael Lewis writes with clarity about a complex subject and makes the subject very interesting. I enjoyed reading this book.
By MeCooter
Lewis hit it out of the ballpark with this book.
By A. M. McDonagh
Lewis’s story yields major league insight into the greed, incentive misalignment, and plain thoughtlessness that catalyzed the collapse of the housing market.
By TimesAddicto.O
Loved this book. Couldn't put it down. I highly recommend this to anyone. I plan on reading it again in the near future.
By MackOyler
I could not put this book down. Great job Michael Lewis!
By Findoil