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Liar's Poker, November 1989
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Inside the Doomsday Machine
W. W. Norton
November 2009
On Sale: November 2, 2009
320 pages
ISBN: 0393072231
EAN: 9780393072235
Hardcover
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Non-Fiction
A brilliant account—character-rich and darkly humorous—of
how the U.S. economy was driven over the cliff.
Truth really is stranger than fiction. Who better than
the author of the signature bestseller Liar’s Poker
to explain 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. Michael Lewis’s splendid cast of
characters includes villains, a few heroes, and a lot of
people who look very, very foolish: high government
officials, including the watchdogs; heads of major
investment banks (some overlap here with previous category);
perhaps even the face in your mirror. In this trenchant,
raucous, irresistible narrative, Lewis writes of the goats
and of the few who saw what the emperor was wearing, and
gives them, most memorably, what they deserve. He proves yet
again that he is the finest and funniest chronicler of our
times.
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