The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine

author: Michael Lewis
name: Elaine
average rating: 4.14
book published: 2010
rating: 5
read at: 2010/06/03
date added: 2010/06/07
shelves: business, crime, economics, history, non-fiction, politics
review:
Utterly fascinating narrative about how our financial system got f’d. He actually explains the finance bits well enough that I think I maybe finally understand WTF credit default swaps are…although don’t test me on that. But he also embeds it into the story of a set of individuals who saw things getting ready to implode. Alas, they were all enough of the system that they all seem to have made serious money off of it, as the damn thing turned into a snake eating its own tail. Lewis tells a great story, even if it’s a horror story. Highly, highly recommended.