The Big Short: Inside the Doomsday Machine

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Product Description
A brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff. Truth really is weirder than fiction. Who better than the leader of the signature bestseller Liar’s Poker to clarify how the event we were told was impossible—the free fall of the American economy—finally occurred; how the things that we wanted, like ridiculously simple money and momentously expanded home ownership, were vehicles for that crash; and how shareholder demand for profit forced investment executives to eat the forbidden fruit of toxic derivatives.

Michael Lewis’s splendid cast of characters includes villains, a few heroes, and a lot of people who look very, very foolish: high government officials, including the watchdogs; heads of major investment banks (some overlap here with previous category); perhaps even the face in your mirror. In this trenchant, raucous, irresistible narrative, Lewis writes of the goats and of the few who saw what the emperor was wearing, and gives them, most memorably, what they deserve. He proves yet again that he is the finest and most amusing chronicler of our times. .

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