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EAN-139780061756474   EAN-13 barcode 9780061756474
Product NameThe Big Short: Inside The Doomsday Machine
LanguageEnglish
CategoryBook / Magazine / Publication
Short DescriptionHardcover
Amazon.comA Buy on Amazon ~ 0393072231
Price New7.50 US Dollars    (curriencies)
Price Used1.03 US Dollars    (curriencies)
Width1.1 inches    (convert)
Height9.6 inches    (convert)
Length6.6 inches    (convert)
Weight1.1 pounds    (convert)
AuthorMichael Lewis
Page Count288
BindingHardcover
Published03/15/2010
FeaturesGreat product!
Long DescriptionThe #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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Created10-08-2012 4:32:20am
Modified04-30-2020 3:10:30pm
MD50ca65b56898199ba39c268d4354559d2
SHA2564fab4d3a20b487703d2bbcf68f55cb1d5741a5ce93f008ad74b60eecd81a8982
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