The Big Short Inside The Doomsday Machine

The real story of the 2008 financial 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. Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, following a handful of unlikely outliers—from a one-eyed hedge fund manager to a pair of 'garage-band' investors—who saw the housing bubble coming before anyone else. These contrarians realized that the big banks were operating on a house of cards, and by betting against the status quo, they managed to make a fortune while the global economy collapsed around them.

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