The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine
- audio Book
- introduced by the author
- unabridged
- produced in 2010
- made in USA
Featuring an Exclusive Audio Interview with Michael Lewis

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 doesnâ€™t shine, and the SEC doesnâ€™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 canâ€™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 werenâ€™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 bestselling Liarâ€™s Poker. Who got it right? he asks. Who saw the ever-rising 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 unlikelyâ€”really unlikelyâ€”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.

Michael Lewis, â€œis the finest storyteller of our generation.â€â€”Malcolm Gladwell
Country USA
Brand Simon & Schuster
Manufacturer Simon & Schuster Audio
Binding Audio CD
ItemPartNumber FLSPD9781442300057
ReleaseDate 2010-03-15
UnitCount 1
Format Audiobook
EANs 9781442300057

Country	USA
Brand	Simon & Schuster
Manufacturer	Simon & Schuster Audio
Binding	Audio CD
ItemPartNumber	FLSPD9781442300057
ReleaseDate	2010-03-15
UnitCount	1
Format	Audiobook
EANs	9781442300057

The Big Short: Inside the Doomsday Machine

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