The Big Short: Inside the Doomsday Machine

by Lewis, Michael

• ISBN13: 9781410430267
• ISBN10: 141043026X
• Edition: Large
• Format: Hardcover
• Copyright: 2010-09-15
• Publisher: Thorndike Pr

Summary

When the U.S. stock market crash 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 tread: bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of Americans who can't pay their debts. The crucial question is this: Who got it right? Who saw the real estate market for the black hole it would become, and made billions? Book jacket.

Table of Contents

Prologue: Poltergeist	p. 11
A Secret Origin Story	p. 21
In the Land of the Blind	p. 63
"How Can a Guy Who Can't Speak English Lie?"	p. 121
How to Harvest a Migrant Worker	p. 160
Accidental Capitalists	p. 192
Spider-Man at The Venetian	p. 245
The Great Treasure Hunt	p. 284
The Long Quiet	p. 315
A Death of Interest	p. 349
Two Men in a Boat	p. 392
Epilogue: Everything Is Correlated	p. 436
Acknowledgments	p. 45
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