![]() The Big Short: Inside the Doomsday Machine 'What is it that enables to paint that picture?' and 'Why do these people look at the world differently?' " And a very small handful of people took the same facts and painted a completely different kind of picture with it. " the vast majority of the people in the markets took those facts and painted one kind of picture with it it was a very pleasant picture. "Everybody was working with the same set of facts about subprime mortgage lending - about how subprime mortgage loans were turned into bonds and repackaged and turned into CDOs and so on and so forth," Lewis tells Terry Gross. economy while it was happening - and then made vast fortunes by betting against the markets. The Big Short: Inside the Doomsday Machine chronicles the 2008 financial collapse through stories of the people who realized what was happening to the U.S. Lewis' newest book continues that narrative. ![]() Writer Michael Lewis is the author of Moneyball, Liar's Poker, and The Blind Side, books with vastly different subjects but a common theme: outsiders with innovative ideas who find astonishing success.
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