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The Big Short: Inside the Doomsday Machine

Michael Lewis

1

award won

11

score

The Big Short: Inside the Doomsday Machine

The Big Short was a #1 New York Times bestseller. 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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Publisher
W. W. Norton & Company
Year
2011
ISBN-13
9780393078190
Genre
Business & Economics
Topics
2008 financial crisisMortgage-backed securitiesWall Street

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