Wednesday, August 11, 2010

New Video: B1. Book Review: The Big Short, by Michael Lewis

In this series I would like to highlight entertaining books that relate to saving and investing or events that have taken place in financial markets. This first video highlights 'The Big Short' by Michael Lewis - a book about the players involved in the sub-prime lending fueled housing bubble, whose implosion allowed a small number of hedge funds to make spectacular returns, while the holders of this sub-prime debt got pulled down with the implosion leading to numerous bailouts and the ensuing debate about risk, bonuses etc.

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