The Big Short: Inside the Doomsday Machine Audiobook (Free)

Featuring an Exclusive Audio Interview with Michael Lewis

When the crash from the U.S. stock market became public understanding in the fall of 2008, it was already old news. The real crash, the silent crash, got taken place over the previous yr, in bizarre feeder markets where the sunlight doesn’t shine, and the SEC doesn’t dare, or bother, to tread: the bond and real estate derivative marketplaces where geeks invent impenetrable securities to benefit from the misery of lower and middle-class Us citizens who about The Big Short: In the Doomsday Machine can’t spend their debts. The smart individuals who understood that which was or may be happening were paralyzed by wish and fear; regardless, they weren’t speaking.

The key question is this: Who understood the chance inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of these arcane, artificial securities loosely predicated on piles of doubtful mortgage loans?

Michael Lewis changes the inquiry on its head to create a fresh, character-driven narrative filled with indignation and dark laughter, a fitted sequel to his #1 bestselling Liar’s Poker. Who first got it ideal? he asks. Who noticed the ever-rising market for the dark hole it would become, and finally made vast amounts of dollars from that conception? And what characteristics of character made those few persist when their peers and colleagues dismissed them as Chicken Littles? Out of the handful of unlikely-really unlikely-heroes, Lewis fashions a tale as convincing and unusual as some of his earlier bestsellers, proving yet again that he’s the best possible and funniest chronicler of our instances.

Michael Lewis, “may be the finest storyteller of our generation.”-Malcolm Gladwell