BIG SHORT PA

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Edition: 00
Format: Paperback
Pub. Date: 2011-02-01
Publisher(s): W. W. Norton & Company
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Customer Reviews

Outstanding Account of the Financial Crisis  April 7, 2011
by
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As other reviewers have mentioned, Michael Lewis is a great writer, and for reading pleasure this is head and shoulders above any of the other crisis books. It's also an accurate account of Wall Street (the metaphysical place, not the geographic one). He gets the good and the bad; the sense in which markets are honest and the sense in which they are not; the groupthink and how iconoclasts thrive; the subtlety of the choices and the pain. Everyone should read this textbook, lover or hater of Wall Street or just curious. You'll get a great story and you'll learn something. I strongly recommend this well written, important textbook. I got a used copy from ecampus few weeks ago and the textbook was in great condition and shipped extremely quickly.






BIG SHORT PA: 5 out of 5 stars based on 1 user reviews.

Summary

The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. And it's essential reading."—Graydon Carter, Vanity Fair

No one writes with more narrative panache about money and finance than Mr. Lewis.... he does a nimble job of using his subjects’ stories to explicate the greed, idiocies and hypocrisies of a system notably lacking in grown-up supervision....Writing in faintly Tom Wolfe-ian prose, Mr. Lewis does a colorful job of introducing the lay reader to the Darwinian world of the bond market. —Michiko Kakutani - The New York Times

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.

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.

Table of Contents

Prologue Poltergeistp. xiii
A Secret Origin Storyp. 1
In the Land of the Blindp. 26
ôHow Can a Guy Who Can't Speak English Lie?öp. 61
How to Harvest a Migrant Workerp. 85
Accidental Capitalistsp. 104
Spider-Man at The Venetianp. 136
The Great Treasure Huntp. 160
The Long Quietp. 179
A Death of Interestp. 200
Two Men in a Boatp. 226
Epilogue Everything Is Correlatedp. 253
Afterwordp. 265
Acknowledgmentsp. 269
Indexp. 271
Table of Contents provided by Ingram. All Rights Reserved.

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