2009 . Non-fiction, Business & Finance, Economics . Michael Lewis
Everyone
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® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® 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.
2009
W. W. Norton Company
320
039335315X (ISBN13: 9780393353150)
11 months ago
One of my favorite books. Michael Lewis is one of our times best storytellers and the big short his one of his masterpieces.
1 year ago
Super interesting book. Especially enjoyed reading the book +10 years after the crisis (wow its been 10 years). It’s incredible how this was allowed to happen and how obvious it seems when it’s laid out - yet only very few saw it coming. I liked the silver lining in the end of the absurdity that everyone involved for shortseller to wreckless banker made a fortune and the only ones paying the price is the taxpayer and homeowner! Great read!
1 year ago
Super intriguing