![]() ![]() The writing is energetic and witty, though those with an aversion to lots of f-bombs will be turned off by the coarse nature of the prose in some sections. Michael Lewis’s other books include Liar’s Poker, Moneyball, Home Game, and The Blind Side. This book presents a more or less chronological account of the financial meltdown from the perspective of the few financial outsiders who had the brains to see it coming and short the market. In a dark portrait of modern American finance and its impact on the world, Lewis animates the financial intrigue, bungling, greed, muddled thinking, errors, and criminal behaviors of the millennium’s first great financial collapse. The book is mostly unsatisfactory because the author does not tackle the larger picture of the ascendance of Wall St and the financializatoin of our economy the enormous profits, income, and inequality that. The protagonists include Steve Eisman, a one-time stock market analyst who switched into hedge funds and bet against subprime mortgage lenders, Michael Burry, a reclusive bond market expert who was among the first to exploit the money-making possibilities of credit default swaps, and Charlie Ledley, a nervous man with little investment experience who spotted mispricings and other mistakes that could be turned to huge advantages. Big Short Inside the Doomsday Machine by Michael Lewis available in Hardcover on, also read synopsis and reviews. Norton) In The Big Short, Michael Lewis tells the tale of the current global financial catastrophe through a group of investors who saw the trouble coming, were not fooled by the soaring house prices, and bet money on the boom going bust. ![]()
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