The Big Short: Inside the Doomsday Machine is a non-fiction book by Michael Lewis about the build-up of the United States housing bubble during the 2000s. The book was released on March 15, 2010, by W. W. Norton & Company. It spent 28 weeks on The New York Times best-seller list, and was the basis for the 2015 film of the same name.
| Author | Michael Lewis |
| Publisher | W. W. Norton & Company |
| Preceded by | Home Game |
| Followed by | ' |
About The Big Short
Winner of the Academy Award for Best Adapted Screenplay, this biographical film from Adam McKay documents the financial crisis of 2007-2008, triggered by the United States housing bubble.
Achievement of The Big Short
The film is based on Michael Lewis' 2010 book The Big Short: Inside the Doomsday Machine. It was nominated for 4 additional Academy Awards, including Best Picture and Best Director.
Top Facts You Did Not Know About The Big Short
CDO-Squared - CDO-Squared is a collateralized debt obligations backed primarily by the tranches issued by other CDOs. These instruments became popular before the financial crisis of 2007–08. There were 36 CDO-Squared deals made in 2005, 48 in 2006 and 41 in 2007.. Collateralized debt obligation - A collateralized debt obligation is a type of structured asset-backed security. Originally developed as instruments for the corporate debt markets, after 2002 CDOs became vehicles for refinancing mortgage-backed securities.. Credit default swap - A credit default swap is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default or other credit event. That is, the seller of the CDS insures the buyer against some reference asset defaulting.. Mortgage-backed security - A mortgage-backed security is a type of asset-backed security which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals that securitizes, or packages, the loans together into a security that investors can buy.. The Greatest Trade Ever, a 2009 book by Gregory Zuckerman.. Books by Michael Lewis.. Books about companies.. Works about the subprime mortgage crisis.. Books about traders.. 2000s economic history.. W. W. Norton & Company books.. Business books.. Books adapted into films.
Latest information about The Big Short updated on July 28 2021.
