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'The Big Short,' By Michael Lewis: Why Politicians Love This Bestseller

First Posted: 08/01/10 06:12 AM ET Updated: 05/25/11 05:40 PM ET

Michael Lewis

Politicians have been known to latch onto books -- Amity Shlaes's "The Forgotten Man" was a must-read among Republicans last year during the bailouts -- but few works have shaped a legislative debate quite like Lewis's story about investors who made a killing by betting on the housing crash.

For a lot of Democrats -- and even some Republicans -- the book has created a kind of defining counternarrative of the economic collapse.

And it's given Lewis rock star status among some on Capitol Hill.

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Filed by Ryan McCarthy  |