The Big Short: Inside the Doomsday Machine

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W. W. Norton & Company, Feb 1, 2011 - Business & Economics - 320 pages
174 Reviews

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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User Review  - BefuddledPanda - LibraryThing

4.5 stars. It took me a while to read this one but I'm glad that I stuck with it to the end. Michael Lewis is great at making confusing and boring topics / concepts readable and accessible to the ... Read full review

LibraryThing Review

User Review  - MugsyNoir - LibraryThing

Great inside look at the recent financial meltdown. His conversational style and an ability to make the complex mortgage bond mess understandable, make Lewis' book a must-read for anyone interested in why we continue to be in the economic mess we're in today. Read full review

All 12 reviews »


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About the author (2011)

Michael Lewis, is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, and Flash Boys. He lives in Berkeley, California, with his wife and three children.

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