Panic! by Michael Lewis audiobook

Panic!: The Story of Modern Financial Insanity

By Michael Lewis
Afterword by Michael Lewis
Read by Jesse Boggs and Blair Hardman

Simon & Schuster Audio
7.02 Hours Abridged
Format: Digital Download (In Stock)
  • $17.95
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    ISBN: 9780743583671

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#1 New York Times bestselling author of The Big Short and The Blind Side, Michael Lewis’s masterful collection of articles and essays on the world’s most recent financial panics is now available from Simon & Schuster Audio for only $14.99. When it comes to markets, the first deadly sin is greed. In Panic!, #1 bestselling author Michael Lewis has chosen several pieces of brilliant journalism to illuminate the most violent and costly upheavals in recent financial history: the Crash of ‘87, the Russian Default (and the subsequent collapse of Long Term Capital Management), the Asian Currency Crisis of 1999, the Internet Bubble, and the current Sub-Prime Mortgage Disaster. Among the unabridged selections are several pieces by Lewis himself, whose writing also introduces each section, as well as contributions from Nobel Prize-winner Paul Krugman, James Surowiecki, and others writing in Fortune, The New Yorker, and The New York Times.Some of the pieces paint the mood and market factors leading up to the particular crash, or show what people thought was happening at the time. Others, with the luxury of hindsight, analyze what actually happened. There are sobering messages common to these narratives: the lessons that should have been learned along the way were for the most part ignored; and when push comes to shove—when all investors run to the same side of the boat—the carefully devised protections against risk turn out to be wishful thinking.As proved in Liar’s Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and of human foibles. He is also, arguably, the funniest serious writer in America.

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Summary

Summary

#1 New York Times bestselling author of The Big Short and The Blind Side, Michael Lewis’s masterful collection of articles and essays on the world’s most recent financial panics is now available from Simon & Schuster Audio for only $14.99.

When it comes to markets, the first deadly sin is greed. In Panic!, #1 bestselling author Michael Lewis has chosen several pieces of brilliant journalism to illuminate the most violent and costly upheavals in recent financial history: the Crash of ‘87, the Russian Default (and the subsequent collapse of Long Term Capital Management), the Asian Currency Crisis of 1999, the Internet Bubble, and the current Sub-Prime Mortgage Disaster. Among the unabridged selections are several pieces by Lewis himself, whose writing also introduces each section, as well as contributions from Nobel Prize-winner Paul Krugman, James Surowiecki, and others writing in Fortune, The New Yorker, and The New York Times.

Some of the pieces paint the mood and market factors leading up to the particular crash, or show what people thought was happening at the time. Others, with the luxury of hindsight, analyze what actually happened. There are sobering messages common to these narratives: the lessons that should have been learned along the way were for the most part ignored; and when push comes to shove—when all investors run to the same side of the boat—the carefully devised protections against risk turn out to be wishful thinking.

As proved in Liar’s Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and of human foibles. He is also, arguably, the funniest serious writer in America.

Editorial Reviews

Editorial Reviews

“In this enlightening (and frightening) anthology, the Moneyball and Liar’s Poker author collects the best reporting and analysis of every Wall Street crisis of the past twenty years. As a source of aid in these troubled times, the book’s only competition is a bottle of Scotch.”  Details
“It’s hard to imagine a more timely book.”  BusinessWeek
“The narrative is certainly elegant and the arguments are on-target; the author lambastes shoddy risk management at financial firms, the ‘foolish principles that have guided the behavior of sophisticated Wall Street traders and the common man in this current crisis.” Publishers Weekly
“A compilation of articles by the author, one of today’s most insightful chroniclers of American finance and culture, and other financial luminaries paints a vivid picture of the roads we took to get to this stage of the current economic debacle…A good production for listeners who want some back story on how we got to this pass, and what we might expect as this economic crisis plays itself out.” AudioFile

Reviews

Reviews

Details

Details

Available Formats : Digital Download
Runtime: 7.02
Audience: Adult
Language: English