Michael Lewis’ The Big Short

Michael Lewis’ book about the ongoing financial collapse has a name: The Big Short: Inside the Doomsday Machine.

A brilliant account — character-rich and darkly humorous — of how the U.S. economy was driven over the cliff. Truth really is stranger than fiction. Who better than the author of the signature bestseller Liar’s Poker to explain how the event we were told was impossible — the free fall of the American economy — finally occurred; how the things that we wanted, like ridiculously easy money and greatly expanded home ownership, were vehicles for that crash; and how shareholder demand for profit forced investment executives to eat the forbidden fruit of toxic derivatives.

It’s not out until November 2 but you can pre-order it from Amazon. (thx, brian)

Update: The book is out on March 15 and there’s an excerpt in the April issue of Vanity Fair.

• 2008 recession
• books
• finance
• Michael Lewis
• The Big Short