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Books Wholealer The Big Short Inside The Doomsday Machine, Hardcover Free Shipping

Posted at: Offers to Sell and Export | Posted on: Wed 21 Jul, 2010 3:05 am | Product Category: Reference books [3760]
 
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books wholealer The Big Short: Inside the Doomsday Machine, Hardcover free shipping

Product Description:


The

Big Short: Inside the Doomsday Machine is a 2010 non-fiction book by Michael Lewis about the build-up of the housing and credit bubble during the 2000s. It describes several of the key players in the creation of the credit default swap market that sought to bet against the bubble and profit from the financial crisis of 20072010. The book also highlights the eccentric nature of the type of person who bets against the market, or goes against the grain. The work follows Meredith Whitney, who predicted the demise of Citi Group and Bear Stearns; Steve Eisman, a misanthropic hedge fund manager; Greg Lippmann, a Deutsche Bank trader that created the first CDS market by matching buyers and sellers; the founders of Cornwall Capital, who started a hedge fund in their garage with $100, 000 and built it into $120 million when the market crashed; Dr. Michael Burry, an ex-neurologist who created Scion Capital LLC despite suffering from blindness in one eye and Asperger syndrome[; Howie Hubler, infamously known as the person who lost $9 billion in one trade, the largest single loss in history; and Joseph Cassano's AIG Financial Products, which suffered over $99 billion in losses . It does not discuss much about John Paulson, founder and president of Paulson & Co., a New York-based hedge fund that made $15 billion dollars in one CDS trade.

Product Details

Author Michael Lewis

Publisher W. W. Norton & Company

Isbn 9780393072235

Published Mar 2010

Pages 266

Edition First

Format Hardcover

Language English

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