The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine

Paperback

By (author) Michael Lewis

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  • Publisher: WW Norton & Co
  • Format: Paperback | 320 pages
  • Dimensions: 140mm x 208mm x 25mm | 272g
  • Publication date: 1 March 2011
  • Publication City/Country: New York
  • ISBN 10: 0393338827
  • ISBN 13: 9780393338829
  • Edition statement: Reprint
  • Sales rank: 1,718

Product 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.

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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. --Malcolm Gladwell"