The Big Short: Inside the Doomsday Machine is the latest book from Michael Lewis who wrote the book The Blind Side (the fodder for the touching movie of the same name for which Sandra Bullock won her very first Academy Award last weekend). In his latest book, Lewis provides a clear, character-rich and darkly humorous account of how the U.S. economy was driven over a cliff.
This book is SUPER hot right now, and within the next week will be featured/discussed on: Sixty Minutes (this Sunday), The Today Show, Jon Stewart, NPR’s All Things Considered (on Monday), and on Fresh Air and Charlie Rose (on Tuesday). Request it here now before all your neighbors do!!!
Lewis explains how the event we were told was impossible—the free fall of the American economy—finally occurred; how the things that we wanted, like ridiculously easy money and greatly expanded home ownership, were vehicles for that crash; and how shareholder demand for profit forced investment executives to eat the forbidden fruit of toxic derivatives.
Lewis’s splendid cast of characters includes villains, a few heroes, and a lot of people who look foolish: high government officials, including the watchdogs; heads of major investment banks; perhaps even the face in your mirror. In this irresistible narrative, Lewis writes of the goats and of the few who saw what the emperor was wearing, and gives them, most memorably, what they deserve. According to some, he is the finest and funniest chronicler writing today. Click here to request this book to read what all the hype is about!
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