Panic!: The Story of Modern Financial Insanity

Panic!: The Story of Modern Financial Insanity

#1 New York Times bestselling author of The Big Short and The Blind Side, Michael Lewisâ‚¬s masterful collection of articles and essays on the worldâ‚¬s most recent financial panics is now available from Simon & Schuster Audio for only $14.99.

When it comes to markets, the first deadly sin is greed. In Panic!, #1 bestselling author Michael Lewis has chosen several pieces of brilliant journalism to illuminate the most violent and costly upheavals in recent financial history: the Crash of â‚¬Ëœ87, the Russian Default (and the subsequent collapse of Long Term Capital Management), the Asian Currency Crisis of 1999, the Internet Bubble, and the current Sub-Prime Mortgage Disaster. Among the unabridged selections are several pieces by Lewis himself, whose writing also introduces each section, as well as contributions from Nobel Prize-winner Paul Krugman, James Surowiecki, and others writing in Fortune, The New Yorker, and The New York Times.

Some of the pieces paint the mood and market factors leading up to the particular crash, or show what people thought was happening at the time. Others, with the luxury of hindsight, analyze what actually happened. There are sobering messages common to these narratives: the lessons that should have been learned along the way were for the most part ignored; and when push comes to shoveâ‚¬"when all investors run to the same side of the boatâ‚¬"the carefully devised protections against risk turn out to be wishful thinking.

As proved in Liarâ‚¬s Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and of human foibles. He is also, arguably, the funniest serious writer in America.
Country USA
Brand Simon & Schuster
Manufacturer Simon & Schuster Audio
Binding Audio CD
ReleaseDate 2011-10-04
UnitCount 1
Format Abridged
EANs 9781442344396

Country	USA
Brand	Simon & Schuster
Manufacturer	Simon & Schuster Audio
Binding	Audio CD
ReleaseDate	2011-10-04
UnitCount	1
Format	Abridged
EANs	9781442344396

Panic!: The Story of Modern Financial Insanity

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