25 May 2010

Michael Lewis - Inside The Collapse - 60 Minutes - The Big Short

Michael Lewis is one of my favorite authors. He has written two of my favorite books--Liar's Poker and Moneyball. I'm waiting on Matt to finish The Big Short so I can have my turn reading it.

These two videos--taken from the same ep of 60 Minutes--are interesting and entertaining.

[Caveat: I don't agree with all or even most of what Lewis says here. Hindsight and all that.]

See also this column, in the NYT, by Michael Burry, one of the subjects of The Big Short on why more people--including The Fed--should have seen the crisis coming.

(h/t Scott L.)

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