The Big Short : Inside the Doomsday Machine (Paperback)

Author: Lewis, Michael

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Product Overview

In this brilliant #1 "New York Times"-bestselling account of how the U.S. economy has been driven over the cliff, the author of the bestseller "Liar''s Poker" explains how the free fall of the American economy occurred and who, exactly, is to blame.

Specifications

Publisher W W Norton & Co Inc
Mfg Part# 9780393338829
SKU 215184964
Format Paperback
ISBN10 0393338827
Release Date 2/1/2011
Praise
"No one writes with more narrative panache about money and finance than Mr. Lewis. [Mr.] Lewis 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, a system filled with firms that 'disdained the need for government regulation in good times' but 'insisted on being rescued by government in bad times.'"
"What's so delightful about Lewis's writing is how deftly he explains and demystifies how things really work on Wall Street, even while creating a compelling narrative and introducing us to a cast of fascinating, all-too-human characters."
"Lewis brilliantly takes us inside the sub-prime mortgage industry, showing how mortgage companies, homeowners, ratings agencies, and Wall Street traders had incentives to cheat and then consciously ignore the ugly truth. Lewis focuses on those few who saw the doom coming and then bet against the mortgage boom."
"Lewis is an extraordinary writer, and the people and stories he brings to life here had me as engrossed as I would be by a top-notch novel (I shocked someone on the plane this morning by doubling over with laughter at one particularly wild scene). But he's also a great explainer, and the story that he spins here turns the opaque markets into something that make a certain twisted sense...."
"In THE BIG SHORT: INSIDE THE DDOOMSDAY MACHINE, Michael Lewis adds to his impressive collection of beautifully written books with a fascinating tale about professional investors who foresaw the financial debacle - and profited from it. In presenting a quirky array of smart, self-serving characters, Lewis intends to help fans of his storytelling understand what went wrong with American capitalism in the early 21st century."||I
From the Publisher
Annotation Michael Lewis launched himself onto the scene with his 1989 book LIAR'S POKER about bond sales at Salomon Brothers. With THE BIG SHORT he once again turns his investigatory and critical eye towards the mammoth financial institutions, digging into the 2008-2009 financial crisis that shook Wall Street. Selected by Publishers Weekly as a 2010 Top 10 Book.
Product Attributes
eBooks Kobo
Book Format Paperback
Number of Pages 0291
Publisher W. W. Norton & Company

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