Tag Archives: michael lewis

Mark Pack

Can you tell the heroes from the villains in the sub-prime mortgage disaster?

By Mark Pack | Thu 21st June 2012 - 10:25 am

Michael Lewis’s highly readable account of the collapse of the US sub-prime mortgage market and the worldwide financial crisis it triggered focuses on a small number of characters. People with iconoclastic views determined not to be constrained by the old conventional rules. People who created new financial investments. People who put money into places their investors did not really understand on a good day and did not even know what had been done with their money on a bad day. People who made huge profits …

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    > Clearly the aircraft carriers were a pork barrel for Gordon Brown’s constituency. Doubtful. More to do with the US "pivot to Asia". The UK does not have...
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    @ Matt (Bristol), You use the word “vanguardism” as though politicians don’t have an obligation to lead, rather than merely following the loudest voice...
  • Mark Smulian
    I first worked with Michael on his three pamphlets published in the mid-1980s by Liberator and mentioned above by Geoffrey Payne. He was, obviously, an effectv...
  • Geoff Reid
    As well as being at the heart of the best Assembly/Conference coffee room conversations, Michael was for me the best compass we had over half a century. His lea...
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    @Tristan Ward Trans women are women - biological women. So the Equality Act 2010 needs to ensure that all womens rights, including pregnancy and maternity prote...