The Big Short: Inside the Doomsday Machine

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W. W. Norton & Company, Feb 1, 2011 - Business & Economics - 320 pages
175 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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LibraryThing Review

User Review  - CSDaley - LibraryThing

A frightening book. Pissed me off all the way through. A lot of people should have gone to jail over the sub prime lending fiasco. I read this trying to get a better grasp of what happened to our ... Read full review

LibraryThing Review

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

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Contents

A Secret Origin Story
1
In the Land of the Blind
26
How Can a Guy Who Cant Speak English Lie?
61
How to Harvest a Migrant Worker
85
Accidental Capitalists
104
SpiderMan at The Venetian
136
The Great Treasure Hunt
160
The Long Quiet
179
A Death of Interest
200
Two Men in a Boat
226
Epilogue Everything Is Correlated
253
Copyright

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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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