[PDF.88yf] The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine

[PDF.ot53] The Big Short: Inside the Doomsday Machine

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 | #2297 in Books |  Lewis, Michael |  2011-02-01 | Original language:English | PDF # 1 |  8.30 x.90 x5.50l,.56 | File type: PDF | 291 pages

 | W W Norton Company

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||24 of 25 people found the following review helpful.| Fascinating, but hard reading if you're not *very* knowledgeable in the area of finance|By Aletheia Knights|The subprime mortgage crisis, the housing bubble, the bank bailouts: it was about eight years ago that I first heard these terms. I was living unhappily in a group home for people with disabilities, and I didn't follow the news all that closely, but I noticed that pric|From 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

The real story of the crash began 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.

Michael Lewis cre...

You can specify the type of files you want, for your device.The Big Short: Inside the Doomsday Machine   |  Michael Lewis.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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