Lewis News
The Big Short by Michael Lewis
The Big Short Inside the Doomsday Machine by Michael Lewis
The 1st 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 derivativemarkets 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.
The Big Short seems to be another of those books, combining an incendiary, timely topic with the author’s solid, insightful, and witty investigative reporting. Only the Pittsburgh Post-Gazette criticized what it felt was a rush job of writing and a failure to integrate the individual stories. Few readers will care for the message here (despite laugh-out-loud moments of absurdity), but Lewis is a capable guide into the world of CDOs, subprime mortgages, head-in-the-sand investments, inflated egos–and the big short.
About Author
Michael Lewis has written from the perspective of a financial insider for more than 20 years. His first book, Liar’s Poker, was a warts-and-all account of Wall Street culture in the 1980s, when Lewis worked at the investment bank Salomon Brothers. Everything Lewis has touched since has turned to gold.
>>> Download The Big Short by Michael Lewis free – click here
Review about The Big Short
‘How informative is the book? Well, it may seem that Lewis has his work cut out for himself, since the events of the recent financial crisis are already well known. More than that, lots of people have their minds made up concerning who the perps of the last few years are banks and their aggressive managers, “shadow banks” and their even more aggressive managers, hedge funds, credit default swaps, mortgage brokers, the ratings agencies, Fannie Mae and Freddie Mac, the Fed’s monetary policy, various federal regulators, short sellers, politicians who over-pushed home ownership, a sensationalist media, the American public that overextending itself with excessive borrowing (or that lied in order to get home loans), housing speculators, etc.
The defining aspect of this book, however, is that it asks (and answers) “Who knew?” about the impending financial crisis beforehand. Who knew–before the financial crisis cracked open for everyone to see (and, perhaps, to panic) in the fall of 2008 that a silent crash in the bond market and real estate derivatives market was playing out? Indeed, the good majority of this book addresses events that occurred before Lehman’s failure in September of 2008. In describing what led up to the darkest days of the crisis, Lewis does a good job helping the reader to see how the great financial storm developed. All in all, this is an informative book.”
About the Author
see also other ebooks at http://the-paradigmshift.blogspot.com/
or at http://livingweddingtales.blogspot.com/
Huey Lewis And The News – I Want A New Drug
|
|
Huey Lewis and the News – Picture This (Coaster) $5.00 “Coaster” is made from the label (center) portion of some of your favorite records. Coaster has 1/8″ cork on one side and receives a light spray seal…. |
|
|
Greatest Hits $5.58 LEWIS HUEY & THE NEWS GREATEST HITS… |
|
|
Greatest Hits: Huey Lewis And The News $9.99 … |
|
|
Duets: Music from the Motion Picture $9.28 12 track soundtrack includes Paltrow’s BETTE DAVIS EYES. Also Huey Lewis, Paul Giamatti, Maria Bello etc. This is STILL SEALED but has a small drill hole into back corner of jewel box…. |
|
|
Lord of Flies [VHS] $29.95 In this classic 1963 adaptation of William Golding’s novel, a planeload of schoolboys is stranded on a tropical island. They’ve got food and water; all that’s left is to peacefully govern themselves until they’re rescued. “After all,” says choir leader Jack, “We’re English. We’re the best in the world at everything!” Unfortunately, living peacefully is not as easy as it seems. Though Ralph is name… |
|
|
Huey Lewis and the News: Video Hits $45.95 video of, National Anthem, Heart of Rock & Roll, It is me, Some of my lies are true, Don’t ever tell me that you love me, Heart & Soul, If this is it, Bad is Bad, Back in Time, Power of Love, I want a new drug, Working for a living, and Finally found a home…. |
|
|
Heart of Rock ‘n’ Roll [VHS] $14.99 … |
|
|
The Cowboy Way $7.44 Free-wheeling action-comedy starring Woody Harrelson and Kiefer Sutherland as former rodeo companions from New Mexico who reunite to find a friend who vanished while searching for his daughter. Their quest leads to New York, where their tough cowboy ways don’t always mesh with the city slicker lifestyle. Dylan McDermott, Ernie Hudson co-star. 107 min. Widescreen (Enhanced); Soundtracks: English Do… |
|
|
Newsradio: The Complete Series (Slim Packaging) $23.00 Hysterically off-kilter sitcom that ran from 1995-1999 on NBC starred Dave Foley as the put-upon news director of a New York-based radio station populated by a host of quirky characters, including scatterbrained boss Jimmy James (Stephen Root), neurotic producer Lisa Miller (Maura Tierney), gullible reporter Matthew Brock (Andy Dick), and self-centered anchor Bill McNeal (Phil Hartman)] 97 episod… |
|
|
Duets $9.99 Studio: Buena Vista Home Video Release Date: 09/02/2003 Rating: R… |
