We did not choose The Big Short as our Book of the Year for 2010 because it was our #1 bestselling title, although it was. We chose it because Michael Lewis can write, and he has a compelling and important story to tell. This book should be required reading for... everyone! We are all living the consequences of financial insanity, and seem doomed to repeat ourselves. Lewis is a voice of informed reason. Yet, despite the seriousness of his subject, he is never preachy or boring. The Big Short reads like a thriller, with larger-than-life characters. It is more informative, more fun and more infuriating, than you could ever expect from a book about banking.
Hudson Booksellers 2010 Book of the Year
From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award(R) winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award(R) nominees Steve Carell and Ryan Gosling.
When the crash of the U.S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread. Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? In this fitting sequel to Liar's Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.