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This book mainly tells the story of how several ordinary Wall Street workers found out the secret of the bond market, realized the crisis hidden under the "subprime" bubble, and got rich by shorting the market. The book also reveals the dark side of American financial institutions and financial rating agencies. It analyzes the various causes of the financial crisis
The author of this book is Michael Lewis. He graduated from Princeton University and the London School of Economics and Political Science. He served as a bond trader at Salomon Brothers, and was also a writer for The New York Times and an editor of The Observer. His famous book, Liar's Poker, is widely regarded as a classic depiction of Wall Street culture in the 1980s. He is also the author of Moneyball: The Art of Winning an Unfair Game, The Blind Side: Evolution of a Game, and Home Game: An Accidental Guide to Fatherhood.
