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Book Club - The Big Short: Inside the Doomsday Machine

Event Details

Date/Time:
Mon, October 10, 2016
06:30PM - 08:30PM
Venue:
Ettore's European Bakery and Restaurant
Location:
2376 Fair Oaks Blvd., 2376 Fair Oaks Blvd. CA 95825
Map address
Registration Period:
08/14/2016-10/10/2016
Price:
Pay for your own food and drinks
Contact:
Barbara Lemus, '76
916-508-2048

The Big Short is a non-fiction book by Michael Lewis about the build-up of the United States housing bubble during the 2000s.  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.  In The Big Short, Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor. 

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