Художествена литература. Публицистика

The Big Short

Inside the Doomsday Machine

Автор(и) : Michael Lewis

Издател : W.W. Norton & Company, Inc.

Място на издаване : New York, USA

Година на издаване : 2010

ISBN : 978-0-393-07223-5

Брой страници : 266

Език : английски


  • 5 от 5 звезди

1 гласа, средно: 5 от 5

Резервираната от вас книга ще бъде пазена до 2 работни дни след избраната дата, след което ще бъде освободена за по-нататъшно резервиране. Съгласувайте с работното време на Библиотеката!

Описание на книгата Откъс от книгата За автора

If you read only one book about the causes of the recent financial crisis, let it be Michael Lewis's, "The Big Short."
That's not because Lewis has put together the most comprehensive or authoritative analysis of all the misdeeds and misjudgments and missed signals that led to the biggest credit bubble the world has known. What makes his account so accessible is that he tells it through the eyes of the managers of three small hedge funds and a Deutsche Bank bond salesman, none of whom you've ever heard of. All, however, were among the first to see the folly and fraud behind the subprime fiasco, and to find ways to bet against it when everyone else thought them crazy.
Nor would anyone -- including Lewis, I'm sure -- claim this is an even-handed history that reflects the differing views of investment bankers, rating-agency analysts and industry analysts, all of whom he holds up to ridicule for their arrogance, their cynicism and their relentless incompetence.
In many ways, this is the same smart-alecky Michael Lewis who brilliantly exposed and skewered the ways of Wall Street 20 years ago in "Liar's Poker," written when he was fresh out of the training program at the once-mighty but now forgotten Salomon Brothers. But as he says in his introduction, those days of $3 million salaries and $250 million trading losses look almost quaint compared with the sums made and lost by the most recent generation of Wall Street fraudsters and buffoons.
What's so delightful about Lewis's writing is how deftly he explains and demystifies how things really work on Wall Street, even while creating a compelling narrative and introducing us to a cast of fascinating, all-too-human characters.

Читателски коментари

Няма добавени коментари.