Sitting alone in his San Jose office, Michael Burry saw the bubble in the subprime-mortgage market before anyone else. So he convinced Wall Street to let him bet on it, even though few were betting on him. The article that became The Big Short.
Tag: Financial Crash
How Michael Lewis’s The Big Short became a Hollywood comedy.
A profile of jailed trader Tom Hayes, who was either behind the Libor scandal or became its fall guy.
When Carmen Segarra was hired to examine Goldman Sachs for the New York Fed, she bought a small recorder and began taping her meetings. Here is what she found before she was fired.
Listen to the radio version of this story from This American Life.
On the urge to live in a house you can't afford, the "acceptable lust" of American life.
How a disgraced principal-turned real estate mogul helped cause the global financial crisis.
When there are too few jobs for an entire generation.
On the dangerous state of U.K. banks—“an existential threat to British democracy, a more serious one than terrorism, either external or internal”—and how it can be fixed.
In Cyprus with those who lost big by simply depositing their savings with Laiki.
Libor, ISDAfix, and how the big banks do business.
The economics of Woonsocket, where one-third of residents rely on the Supplemental Nutrition Assistance Program.