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Used
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Trade Paperback
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9780393353150
Overview
Overview
From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award(R) winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award(R) nominees Steve Carell and Ryan Gosling.
When the crash of the U.S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread. Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? In this fitting sequel to Liar's Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.
- Format: TradePaperback
- Author: Lewis, Michael
- ISBN: 9780393353150
- Condition: Used
- Dimensions: 8.20 x 0.80
- Number Of Pages: 320
- Publication Year: 2015
Customer Reviews
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Well worth the read
Ted B. - 5 years 2 months agoFascinating and informative explanation of an economic event the whole world lived through. Well worth the read, and of interest even if you are not an economics trained person.
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An incredible source for understanding the Housing Crisis
Allison W. - 5 years 8 months agoThe Big Short by Michael Lewis encapsulates the essence of the lead-up and consequences attributed to the 2008 housing crisis. The book was written in such a way that a reader with no background in economics is able to follow along and become familiar with the financial engineering utilized by the big banks. The author discusses the economic implications created by those who manipulated the housing system and granted credit to those who had no ability to pay it off. He also makes clear just how large Wall Street was allowed to become and how the American people were forced to clean up a mess that they themselves had no idea was being made.