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The Big Short: Inside the Doomsday Machine

4.5 out of 5 based on 2 customer ratings
(2 customer reviews)

8.78

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.

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Additional Information

Details

Paperback: 291 pages
Publisher: W. W. Norton & Company; Reprint edition (February 1, 2011)
Language: English
ISBN-10: 0393338827
ISBN-13: 978-0393338829
Product Dimensions: 5.5 x 0.8 x 8.3 inches

Author

Michael Lewis, the best-selling author of The Undoing Project, Liar?s Poker, Moneyball, The Blind Side, and The Big Short, among other works, lives in Berkeley, California, with his wife and three children.

2 reviews for The Big Short: Inside the Doomsday Machine

  1. 4 out of 5

    :

    I enjoyed the book very much. Maybe my first attempt to understand what went wrong caused the 08 crisis.

  2. 5 out of 5

    :

    I have to admit I didn’t really understand all that went into the mortgage crisis. Just too busy, I guess. However, I strongly recommend this book. The scary thing is a friend is a magistrate who hears a lot of foreclosure cases and says she sees lots of low or no doc loans. Are we looking at another crisis?

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