The Big Short

Michael Lewis' Prophetic 1989 Japan Disaster Piece

The Huffington Post | Maxwell Strachan | Posted 05.25.2011

Read More: The Big Short, Earthquake, Natural Disasters, Michael Lewis, Japan, Tokai Bank Report, Wall Street, Liars Poker, Business News

Months before publishing 1989's Liar's Poker, the canonical account of life inside 1980s Wall Street, Michael Lewis, author of The Big Short, wrote an...

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Michael Lewis Sued For 'The Big Short'

Reuters | Grant McCool | Posted 05.25.2011

Read More: Wing Chau, Steven Eisman, Sued, Ww Norton and Company, The Big Short, Michael Lewis, Defamation, Liars Poker Author, Lawsuit, Business News

NEW YORK (Reuters) - Michael Lewis, best-selling author of "The Big Short" about the mortgage meltdown, has been sued for defamation by an asset man...

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Michael Burry, Profiled In 'The Big Short,' Bets On Farmland, Gold

bloomberg.com | Jon Erlichman and Dakin Campbell | Posted 05.25.2011

Read More: Gold Investments, Hedge Fund Managers, Scion Capital, The Big Short, Gold, Banks, Michael Lewis, Farmland, Michael Berry Website, Michael Burry, Business News

Sept. 7 (Bloomberg) -- Michael Burry, the former hedge-fund manager who predicted the housing market's plunge, said he is investing in farmable land, ...

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The Competing Black Swans of Climate Change

Andrew Winston | Posted 05.25.2011

Read More: Hottest Summer on Record, Jared Diamond, Nassim Nicholas Taleb, The Big Short, Pakistan Floods, Sustainability, Michael Lewis, Climate Change, Guns-Germs-and-Steel, The Black Swan, Russia Drought, Green News

Since the last Ice Age, our climate has not changed enough to threaten the viability of the species. So we make the error of confirmation and assume that it won't change much going forward.

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Obama Nominee Doesn't Believe Deregulation Led To Financial Crisis

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Obama Nominee, Fabrice Tourre, The Financial Fix, Kent Conrad, Office of Management and Budget, The Big Short, Peter Orszag, Bernie Sanders, Jack Lew, Omb, Barack Obama, Goldman Sachs, Subprime Mortgages, John Paulson, Hedge Funds, Nancy Pelosi, Jack-Lew, Citibank, Deregulation, Business News, Jacob Lew, Financial Crisis, Harry Reid, Citigroup, Video, Business News

UPDATE: The Senate Homeland Security and Governmental Affairs Committee voted 9 to 0 on Tuesday morning in favor of Lew's nomination and referred him ...

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Exec Who Oversaw A $9 BILLION Trading Loss Returns To The Mortgage Business

Huffington Post | William Alden | Posted 05.25.2011

Read More: Subprime Mortgages, Morgan Stanley, The Big Short, Michael Lewis, Loan Value Group, Howard Hubler, Felix Salmon, Howie Hubler, Business News

What do you do after losing $9 billion? After leading a trading unit at Morgan Stanley that lost the bank $9 billion in bets on the subprime mortga...

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Michael Lewis: The Greece Crisis Is 'Made For A Jonathan Franzen Novel'

Posted 05.25.2011

Read More: Franzen Freedom, Greece, Jonathan Franzen, Vanity Fair, Greece Debt Crisis, The Big Short, Michael Lewis, Business News

In a Q&A preview for his upcoming piece in Vanity Fair, best-selling financial scribe Michael Lewis compares the Greek debt crisis to a Jonathan Franz...

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Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Bailouts, Network, Lexington Kentucky, Cancer, McNay Settlement Group, Entrepreneurship, Citigroup, Richmond Kentucky, Lost Decade, Elvis Presley, Japan, Clu, Washington Lobbyists, Million Dollar Round Table, Banks, Ben Bernanke, Arianna Huffington, Alan Greenspan, Huffington Post, Peter Finch, Heart Attack, Credit Unions, Small Business, Community Banks, Federal Reserve Board, Washington, The Big Short, Main Street, Big Corporations, Bank of America, Unemployment, Elvis, Low Interest Rates, Fed, Federal Reserve, Private Sector, Move Your Money Campaign, Move Your Money, American College, Personal Finance, Msfs, Structured Settlement, Chfc, Car Loans, Wells Fargo, Tom Peters, Pensions, Kentucky, Don McNay, Kentucky Rain, Recession, Charities, Credit Cards, Wall Street, John Paulson, Vanderbilt University, Underemployment, Eastern Kentucky University, Double Dip Recession, Cssc, Too Big to Fail, Mad as Hell, Business News

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

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

politico.com | Marin Cogan | Posted 05.25.2011

Read More: The Big Short, Politicians Favorite Books, Banks, Amity Shales, Michael Lewis, Moneyball, Michael Burry, Business News

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 ...

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Jack Lew: Obama's OMB Pick Oversaw Citigroup Unit That Shorted Housing Market

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Fabrice Tourre, The Financial Fix, The Big Short, Peter Orszag, Jack Lew, Omb, Barack Obama, Goldman Sachs, Subprime Mortgages, John Paulson, Hedge Funds, Citibank, Jacob Lew, Citigroup, Business News

President Barack Obama's choice to lead the White House budget office oversaw a Citigroup unit that profited off the housing collapse and financial cr...

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Lewis and Markopolos: Insights for Turbulent Times

Dan Solin | Posted 05.25.2011

Read More: Global Financial Crisis, The Big Short, Housing Market, Economic Crisis, No One Would Listen, Business News

These two books are must reads for investors: The Big Short, by Michael Lewis (W. W. Norton & Company); and No One Would Listen, by Harry Markopolos (Wiley). Read them in that order.

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People Didn't Drown The Markets; A Bad System Did

Foreign Policy | Posted 05.25.2011

Read More: Chrystia Freeland, Wall Street Crisis, Wall Street, Economic Crisis, The Big Short, Michael Lewis, Bailout, Financial Crisis, Business News

The temptation is to see the 2008 Wall Street implosion that helped trigger the broader economic crisis as the consequence of individual idiocy and av...

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Senate Invites Arsonist to Testify on Cause of Fire... Kind Of

Tom Matzzie | Posted 05.25.2011

Read More: Accountable America, Help Committee, Senate, Wall Street, Hedge Funds, Steven Eisman, Stock Market, Tom Matzzie, The Big Short, Short Selling, Michael Lewis the Big Short, Business News

After all that has happened with the financial crisis and the role that short-sellers played in dragging big companies down into the muck, you'd hope the U.S. Senate wouldn't play this role. But it is going on today.

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Goldman Sachs in Troubled Waters

Georges Ugeux | Posted 05.25.2011

Read More: Economy, U.S. Treasury, The Big Short, Investors, Compliance, Investment Banks, Goldman Sachs, Otc Derivatives, Germany, Teaser Rates, Andrew Ross Sorkin, Subprime, Trading, Cdo, Lloyd Blankfein, Too Big to Fail, Cds, Aig, Michael Lewis, John Mack, Democrats, Stan O'Neal, Dick Fuld, Fraud, Deutsche Bank, JP Morgan, Mortgage, John Paulson, Wall Street, Abacus, Banks, Sec, Europe, Bonuses, Republicans, Ikb, Business News

Wall Street has long forgotten how to spell "ethical" or "good," and replaced it with "compliant" and "legal." The time has come to explain to investment banks what their responsibility and accountability are.

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Michael Lewis' Big Short and Our Appetite for Apocalypse (AUDIO)

Christopher Lydon | Posted 05.25.2011

Read More: Bestsellers, Michael Lewis, Finance, Books, Chris Lydon, Radio, Conversation, The Big Short, Brown University, Politics News

Michael Lewis is the non-fiction novelist of our apocalyptic American mindset in 2010 and the author of The Big Short. Listen to an interview here.

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New York Times Does Not Understand Main Street

Don McNay | Posted 05.25.2011

Read More: Douglastown NY, Kentucky Guardianship Administrators, Senate Minority Leader, Bailouts, Queens Ny, Counterparties, Dartmouth, Roger Ailes, Arianna Huffington, Bee Gees, Richmond Ky, Andrew Ross Sorkin, David Herszenhorn, McNay Settlement Group, New York Times Editors, Thomas Friedman, Bp, Time Magazine, Books, Washington Elites, Too Big to Fail, Michael Lewis, Joe Nocera, Fox Business News, Main Street Media, Clu, Louisville, Million Dollar Round Table, Banks, Ben Bernanke, Lyndon Johnson, mcnay.com, Senator Mitch McConnell, New Orleans, Institute for Rural Journalism and Community Issues, Mitch McConnell, President Obama, The Big Short, Main Street, donmcnay.com, Flushing, Msnbc, Oil Spill, ProCon.Org, Move Your Money Campaign, American College, Personal Finance, Lexington, Greed, Msfs, Louisiana, Chfc, Move Your Money, Kentucky, British Petroleum, Queens, Don McNay, Cnn, Wall Street, Wall Street Bailouts, Vanderbilt University, New York Elites, Eastern Kentucky University, New York Times, Fox News, University of Kentucky, Cssc, Rural Blog, Media News

Reporting that Main Street was complicit in the financial meltdown is like blaming a murder victim for being in the wrong place at the wrong time.

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Michael Burry, Greenspan Play The Financial Crisis Blame Game (VIDEO)

Posted 05.25.2011

Read More: Bloomberg Television, The Big Short, The Week, Alan Greenspan, The Financial Fix, Sub-Prime Mortgage Crisis, Michael Burry, Video, Business News

In a New York Times op-ed yesterday, Michael Burry, the reclusive hedge-fund manager profiled in Michael Lewis's best-selling "The Big Short," lambas...

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9/11, Financial Crisis, Church Sex Scandal? Imagine That!

Michael Sigman | Posted 05.25.2011

Read More: Catholic Church, Peggy Noonan, Condoleezza Rice, Bush Administration, 9/11, Standard and Poor, Raniero Cantalamessa, Michael Lewis, Tom Clancy, The Big Short, Pope John Paul II, Pope Benedict XVI, Financial Crisis, Albert Einstein, Politics News

I'm sure there are plenty of unimaginable things in the Universe, though it's impossible to imagine what they are. But flying a plane into a building, the crash of a financial system and sex abuse by priests, we can safely say, aren't among them.

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Tea Party Rhetoric or Amazon Review?

Laurence Hughes | Posted 05.25.2011

Read More: The Big Short, Michael Lewis, Tea Party, Kindle, E-Book, Amazon, Books News

A donnybrook has broken out between Kindle owners, angry that there's no e-book for Michael Lewis's The Big Short, and others taking them to task for "reviewing" a book they haven't read.

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Michael Lewis's 'The Big Short' Gets Up Close And Personal With Perpetrators Of Financial Catastrophe

Posted 05.25.2011

Read More: Wall Street, Cdos, The Big Short, Derivatives, Michael Lewis, Books, New York Review of Books, Securitization, Michael Lewis the Big Short, Bestsellers, Financial Crisis, Books News

Jeff Madrick The New York Review of Books At the Heart of the Crash "The Big Short: Inside the Doomsday Machine" by Michael Lewis Norton, 266 pp., $...

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Debunking Michael Lewis' The Big Short

Yves Smith | Posted 05.25.2011

Read More: The Big Short, Financial Crisis, Credit Default Swaps, Michael Lewis, Collateralized Debt Obligations, Subprime Mortgage Crisis, Business News

The shortcomings of Lewis' superficially pleasing work is that it runs the risk of fitting facts to the Procrustean bed of a tidy, satisfying narrative.

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Magic and Self-Loathing in Berkeley: Michael Lewis on Becoming a Writer

Alicia Whitaker | Posted 05.25.2011

Read More: Michiko Kakutani, Tom Wolfe, Liar's Poker, Wall Street, Jim Fallows, Hunter Thompson, The Big Short, Michael Lewis, Nick Leamann, Felix Salmon, Michael Kinsley, Star Lawrence, Salomon, Books News

Speaking over lunch in a Midtown bistro, Michael Lewis and I had a conversation about how he became a writer, who has influenced him, and how he conjures the motivation to write.

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Five Lessons on Rightness From Michael Lewis's The Big Short

Kathryn Schulz | Posted 05.25.2011

Read More: The Big Short, Financial Crisis, Michael Lewis, Subprime Mortgages, Books, Michael Burry, Books News

Herewith, a brief list of the qualities that enabled the guys in The Big Short to foresee the coming financial calamity -- and that can help the rest of us get stuff right, too.

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Author Michael Lewis Predicts War on Wall Street

Reuters | Posted 05.25.2011

Read More: Liar's Poker, Wall Street Crisis, Financial Reform, Congressional Oversight, The Big Short, Michael Lewis, Chris Dodd, Business News

Wall Street's biggest banks could be broken up by the U.S. Congress in the coming year in an eventual reckoning over the financial meltdown of 2008, "...

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Jon Stewart Interviews 'The Big Short' Author Michael Lewis: How A One-Eyed Man Bet Against Wall Street (VIDEO)

Posted 05.25.2011

Read More: Subprime Mortgages, Wall Street, Jon Stewart, Books, Author Interview, The Big Short, Michael Lewis, Mike Burry, Subprime Loans, The Daily Show, Michael Lewis the Big Short, Books News

Michael Lewis came on "The Daily Show" last night to talk about his new book, "The Big Short," about the few investors who bet against subprime loans ...

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