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Cover of The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine

✍ Scribed by Lewis, Michael


Book ID
106922095
Publisher
W. W. Norton & Company
Year
2009
Tongue
English
Weight
157 KB
Category
Fiction
ISBN-13
9780393072235

No coin nor oath required. For personal study only.

✦ Synopsis


EDITORIAL REVIEW: The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, 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. The crucial question is this: Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? Michael Lewis turns the inquiry on its head to create a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 best-selling Liar’s Poker. Who got it right? he asks. Who saw the real estate market for the black hole it would become, and eventually made billions of dollars from that perception? And what qualities of character made those few persist when their peers and colleagues dismissed them as Chicken Littles? Out of this 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 times.


📜 SIMILAR VOLUMES


cover
✍ Lewis, Michael 📂 Fiction 📅 2009 🏛 W.W. Norton & Co. 🌐 English ⚖ 161 KB

### From Publishers Weekly Although Lewis is perhaps best known for his sports-related nonfiction (including *The Blind Side*), his first book was the autobiographical *Liar's Poker*, in which he chronicled his disillusionment as a young gun on Wall Street in the greed is good 1980s. He returns to

cover
✍ Lewis, Michael 📂 Fiction 📅 2009 🏛 W. W. Norton & Company 🌐 English ⚖ 157 KB

EDITORIAL REVIEW: The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent cras

cover
✍ Lewis, Michael 📂 Fiction 📅 2009 🏛 W. W. Norton & Company 🌐 English ⚖ 164 KB

EDITORIAL REVIEW: The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent cras

cover
✍ Lewis, Michael 📂 Fiction 📅 2009 🏛 W. W. Norton & Company 🌐 English ⚖ 164 KB

EDITORIAL REVIEW: The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent cras

cover
✍ Lewis, Michael 📂 Fiction 📅 2009 🏛 W. W. Norton & Company 🌐 English ⚖ 158 KB

EDITORIAL REVIEW: The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent cras