Michael Lewis
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Appearances Over Time
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Strange accidents and brutal murders.
Listen to Paper Ghosts, The Texas Teen Murders on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Along the central Texas plains, teens are dying.
Suicides that don't make sense.
Strange accidents and brutal murders.
Listen to Paper Ghosts, The Texas Teen Murders on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
My bestselling book, The Big Short, tells the story of the buildup and burst of the U.S.
housing market back in 2008.
A decade ago, The Big Short was made into an Academy Award winning movie.
Now I'm bringing it to you for the first time.
as an audiobook narrated by yours truly.
The Big Short story, what it means to bet against the market, and who really pays for an unchecked financial system, is as relevant today as it's ever been.
Get The Big Short now at pushkin.fm slash audiobooks, or wherever audiobooks are sold.
All right, so you've got to know a little bit about what happened.
Very broadly, the big Wall Street banks, which were at the time exciting places to work, Morgan Stanley and Goldman Sachs and Citigroup and all the rest were thought to be the smart places in the financial world.
And these places made hundreds of billions of dollars of really stupid bets.
You can think of the world back then as having organized itself around a bet.
And the bet was on subprime mortgage bonds, which was in turn a bet on what was gonna happen to house prices.
And the Wall Street firms were all, almost all, really heavily on the wrong side of the bet.