The Big Short
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4.2 • 90 Ratings
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- $11.99
Publisher Description
The #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures
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® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® 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.
PUBLISHERS WEEKLY
Although Lewis is perhaps best known for his sports-related nonfiction (including The Blind Side), his first book was the autobiographical Liar s Poker, in which he chronicled his disillusionment as a young gun on Wall Street in the greed is good 1980s. He returns to his financial roots to excavate the crisis of 2007 2008, employing his trademark technique of casting a microcosmic lens on the personal histories of several Wall Street outsiders who were betting against the grain to shed light on the macrocosmic tale of greed and fear. Although Lewis reads the book s introduction, narration duties are assumed by Jesse Boggs, a veteran narrator of business titles (including Lewis s own 2008 book Panic!). Boggs s rich baritone is well suited to the task and trips lightly through a maze of financial jargon (CDOs, derivatives, mid-prime lending) and a dizzying cast of characters. Lewis returns on the final disc for a 10-minute interview about the crisis s aftermath, including a savvy assessment of the wisdom of the financial bailout and where-are-they-now updates on the book s various heroes and villains. A Norton hardcover.
Customer Reviews
Great read
Loved this book. Could feel the energy and angst in all of the characters. Never thought I would understand CDOs and credit default swaps....