The Big Short: Inside the Doomsday Machine by Michael Lewis

The Big Short: Inside the Doomsday Machine

Michael Lewis
291 pages
W.W. Norton
Feb 2011
Business & Investing WSBN
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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. <br> <br> 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. <p>The #1 New York Times bestseller: &quot;It is the work of our greatest financial journalist, at the top of his game. And it's essential reading.&quot; - Graydon Carter, Vanity Fair</p>

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