March 16 (Bloomberg) — Michael Lewis, author of “Liars’ Poker,” talks with Bloomberg’s Erik Schatzker about the subprime mortgage crisis and his new book “The Big Short.” The book is a chronicle of four sets of players in the subprime mortgage market who had the foresight and gumption to short the riskiest mortgage deals: Steve Eisman of FrontPoint, Greg Lippmann at Deutsche Bank, three partners at Cornwall Capital, and Michael Burry of Scion Capital. (Source Bloomberg)
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Author Lewis Says Wall Street Is `Making America Worse’
March 16 (Bloomberg) — Michael Lewis, author of “Liars’ Poker,” talks with Bloomberg’s Erik Schatzker about the subprime mortgage crisis and his new book “The Big Short.” The book is a chronicle of four sets of players in the subprime mortgage market who had the foresight and gumption to short the riskiest mortgage deals: Steve Eisman of FrontPoint, Greg Lippmann at Deutsche Bank, three partners at Cornwall Capital, and Michael Burry of Scion Capital. (Source Bloomberg)
Author Lewis Says Wall Street Is `Making America Worse’
March 16 (Bloomberg) — Michael Lewis, author of “Liars’ Poker,” talks with Bloomberg’s Erik Schatzker about the subprime mortgage crisis and his new book “The Big Short.” The book is a chronicle of four sets of players in the subprime mortgage market who had the foresight and gumption to short the riskiest mortgage deals: Steve Eisman of FrontPoint, Greg Lippmann at Deutsche Bank, three partners at Cornwall Capital, and Michael Burry of Scion Capital. (Source Bloomberg)
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Wall Street Casino – original song
This song was inspired by the movie, “Inside Job”. Lyrics: Welcome to the Wall Street Casino it’s time for fun and games There’s no blackjack craps or keno, but you get rich just the same Come on in and lay your money down, we’ll have lots of fun Definitely the best deal in town, but it’s not for everyone The banksters will be more than happy, to help you out with a loan Greed is good that’s what they say, and you can’t win if you don’t play The Wall Street Casino’s open today, we sure hope you enjoy your stay Lots of money to be made for sure, so grab your piece of the pie Mortgage derivatives, default swaps, the limit is the sky The bad loan that was a throw away, is repackaged and rated triple A Things were bad in nineteen twenty-nine, but today they are just fine The banksters will be more than happy, to help you out with a loan Greed is good that’s what they say, and you can’t win if you don’t play The Wall Street Casino’s open today, we sure hope you enjoy your stay Main Street tries to convince you that, our games are risky but check the facts Money’s being made hand over fist, some people are just jealous of this So get your cash and head on out, by this time you should have no doubt That you will be rolling in the dough, at the Wall Street Casino The banksters will be more than happy, to help you out with a loan Greed is good that’s what they say, and you can’t win if you don’t play The Wall Street Casino’s open today, we sure hope you enjoy your stay





