The Big Short

The author of the signature bestseller Liar's Poker explains how the event we were told was impossible -- the free fall ... (more)

The author of the signature bestseller Liar's Poker explains 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. (less)