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The Big Short: Inside the Doomsday Machine

The Big Short: Inside the Doomsday Machine (Hardcover)

The Big Short: Inside the Doomsday Machine (Hardcover)

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2 Stars
1 Rating
Published by Applause Books

266 pages

ISBN-10:

0393072231

(

ISBN-13:

9780393072235)

Retail Price:

Rs. 1607

Bookchums Price:

Rs. 1318

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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: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. The smart people who...

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