The Big Short

Inside the Doomsday Machine

By Michael Lewis
(W. W. Norton & Company, Paperback, 9780393338829, 291pp.)

Publication Date: February 2011

Other Editions of This Title: Google eBook, Hardcover, Hardcover, , Paperback, Paperback

Categories: Economic History, United States - 21st Century, Economic Conditions

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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.



NPR
Tuesday, Mar 16, 2010

Michael Lewis' new book The Big Short chronicles the 2008 financial collapse through the investors who realized what was happening to the U.S. economy while it was happening — and then made a fortune by betting against the markets. More at NPR.org

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NPR
Monday, Mar 15, 2010

Michael Lewis, who wrote the best-seller Liar's Poker, is back with a new book examining those who profited from shorting subprime mortgages. In The Big Short, Lewis profiles extreme characters — outsiders — who are the sane people in an insane world. More at NPR.org

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