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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