Comments | nigita: Just got a better map of the territory.

nigita

Just got a better map of the territory.

Mar 14, 2011 13:07

Remember the financial melt-down a few years ago? I was really confused, at first, about just what had happened. After reading about it a bit, I thought I had a fairly good grasp of the big picture, but The Big Short finally snapped all the pieces together for me.

What happened in US financial institutions a couple of years ago actually began in ( Read more... )

financial crisis, credit default swaps, good books, the big short, michael lewis

Comments 1

(The comment has been removed)

nigita March 15 2011, 02:26:08 UTC

Lewis has this amazing ability to portray the awful truth with accuracy, and yet leave you feeling informed and edified, rather than horrified and hopeless. I know you'll appreciate his explication of all those abstruse financial instruments! He makes it all seem simple.
If you find time, do put Liar's Poker on your list somewhere, too. It's dated, but relevant, I suppose, as background. And it's also a fast romp of a read.