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The real story of the crash began 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 understood what was or might be happening were paralyzed by hope and fear; in any case, they weren´t talking. Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his No.1 bestseller Liar´s Poker. Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.

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Michael Lewis, Jahrgang 1960, ist Wirtschaftsjournalist Autor von zahlreichen Sachbüchern. Er hat Abschlüsse von der Princeton University und der London School of Economics. Seine Erfahrungen als Investmentbanker verarbeitete er 1989 in seinem ersten Buch. Zahlreiche weitere Bestseller aus der Finanzszene und der Welt des Sports folgten. Lewis lebt mit seiner Frau und seinen drei Kindern in Berkeley, Kalifornien.

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