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The Big Short: Inside The Doomsday Machine (2011)

by Michael Lewis(Favorite Author)

4.2 of 5 Votes: 5

ISBN

0393338827 (ISBN13: 9780393338829)

languge

English

genre

History & Biography

publisher

W. W. Norton & Company

review 1: Accessible and fascinating explanation of what the deuce led to/caused the housing/economic meltdown in 2008. Powered by the stories of a few key players who saw this all coming, I come away feeling like I have a good understanding of the situation, though no reassurance that those responsible were held accountable or that significant reform came as a result. Let's just say I won't be encouraging my kids to be investment bankers...even those who made millions out of the deal seemed miserable throughout the process.
review 2: I'll admit that when I began this book I could not have told you what a bond was, so I hope the fact that I loved it so much speaks to how well Lewis explains his subject matter and to the fascinating character portraits he paints to keep t... morehe reader engaged in the midst of all the technical financial jargon. It can feel both too arcane and a little repetitive, but overall it's a very necessary (and thrilling) story that every American should know. And I can explain credit default swaps now, so that's a plus. Try me! less

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