fjordic reviewed The Big Short by Michael Lewis
Review of 'The Big Short' on 'Goodreads'
5 stars
Fascinating and excellent explanation of the situation.
266 pages
English language
Published Jan. 5, 2010 by W.W. Norton & Co..
The author examines the causes of the U.S. stock market crash of 2008 and its relation to overpriced real estate, bad mortgages, shareholder demand for excessive profits, and the growth of toxic derivatives.
Fascinating and excellent explanation of the situation.
A smidge disjointed, but the storytelling is top-notch, and I now understand how the economy collapsed, and really wish I didn't.
So I was right! My financial advisers really are only interested in the fees!