Rated 4.8/5 based on 2836 reviews.
The Big Short: Inside the Doomsday Machine
★ Recommended by Monique
  • SKU: 9780393353150
  • Availability: in stock . .

The Big Short: Inside the Doomsday Machine

$10.00
DESCRIPTION
Author: Michael Lewis

Format: Paperback / softback

Number of Pages: 320


From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award (R) winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award (R) nominees Steve Carell and Ryan Gosling. 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. 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? In this fitting sequel to Liar's Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.

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P
Peter Thorne
Essential reading. Gripping

A great book. The film was good. I found the book even better.

P
PS the Reader
Not Short on Lessons

The Big Short brilliantly explains in simple lay-person's terms what happened in the 2008 USA banking crash - Lewis has an eye for detail that matters, isn't afraid to pull punches, and has sought out and questioned brilliantly key players behind and in front of the scenes. Trillions wiped from pension funds, hundreds of thousands of homes lost, lives destroyed - and it was all predictable, operating on lines and laws designed to protect moneyed interests. Breathtaking stupidity, callous disregard, deliberate venal acts so bizarre they could be fiction, but weren't. A minor functionary is the only person who goes to jail, US Gvt spends trillions bailing out culpable banks and investment firms. I'm reading this again for sure.

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