The Big Short – the Wall Street-story now out in Hungarian

By: trademagazin Date: 2010. 12. 13. 08:48

Michael Lewis's new book, The Big Short is a brilliant account – character-rich and darkly humorous – of how the U.S. economy was driven over the cliff. The Hungarian translation is out now.

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.

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