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The Big Short tells a story of spectacular, epic folly. It has taken the world's greatest financial meltdown to bring Michael Lewis back to the subject that made him famous. His international bestseller Liar's Poker exposed the greed and carnage of the City and Wall Street in the 1980s; he wrote it as a cautionary tale, but people seem to have read it as a how-to guide. Now, he wants to settle accounts. In this visceral tour to the heart of the financial system, Michael Lewis takes us around the globe and back decades to trace the origins of the current crisis. He meets the people who saw it coming, the people who were asleep at the wheel and the people who were actively driving us all of cliff. How could we have all been so deluded for quite so long? Where did it all start? Was it systemic? Was it avoidable? And who the hell can we blame? Michael Lewis has the answers. No one is better qualified to get to the heart of this labyrinthine story. And no one can make it such an enjoyable ride along the way.
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Subjects
Economic conditions, Global Financial Crisis, 2008-2009, Financial crises, History, Finance, Nonfiction, New York Times bestseller, nyt:paperback_business_books=2012-02-25, Economic Recession, Crises financières, History, 21st Century, Global Financial Crisis (2008-2009) fast (OCoLC)fst01755654, Conditions économiques, Economics, Crise financière mondiale, 2008-2009, Histoire, Politique du crédit, Crise financière, Instruments financiers, Hypothèques, Krach, 2008, Institutions financières, Economic history, United states, economic conditions, 2001-2009, Large type booksPlaces
United StatesTimes
2001-2009, 21st centuryShowing 7 featured editions. View all 7 editions?
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The big short: inside the doomsday machine
2010, W.W. Norton & Co.
in English
- 1st ed.
0393072231 9780393072235
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The big short: inside the doomsday machine
2010, W.W. Norton, W. W. Norton & Company
in English
- 1st ed.
0393072231 9780393072235
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The big short: inside the doomsday machine
2010, W.W. Norton
in English
- 1st ed.
0393072231 9780393072235
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zzzz
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6
The big short: inside the doomsday machine
2010, W.W. Norton
in English
- 1st ed.
0393072231 9780393072235
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zzzz
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WorldCat
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7
The big short: inside the doomsday machine
2010, Thorndike Press
in English
141043026X 9781410430267
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The #1 New York Times bestseller: a brilliant account—character-rich and darkly humorous—of how the U.S. economy was driven over the cliff.
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: 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.
The crucial question is this: 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? Michael Lewis turns the inquiry on its head to create a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 best-selling Liar’s Poker. Who got it right? he asks. Who saw the real estate market for the black hole it would become, and eventually made billions of dollars from that perception? And what qualities of character made those few persist when their peers and colleagues dismissed them as Chicken Littles? Out of this 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 times.
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- Created June 22, 2010
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December 13, 2012 | Edited by VacuumBot | Updated format 'eBook' to 'E-book'; Removed author from Edition (author found in Work) |
May 11, 2011 | Edited by George | merge authors |
June 22, 2010 | Created by ImportBot | Imported from marc_overdrive MARC record. |