Cannonball Read 18

Sticking It to Cancer One Book at a Time

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“The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.”

March 31, 2016 by badkittyuno 3 Comments

I took my time with this one, reading it slowly and carefully for over a week, trying to understand all of the really complex concepts outlined by Lewis. At least, complex to me — I dropped economics in junior college because it was going to ruin my otherwise perfect GPA. By a lot. I’m not sure that I understood everything (okay, I know I didn’t), but I did grasp enough to absolutely freaking terrify me. “What are the odds that rich people will make smart decisions about money […]

Filed Under: Non-Fiction Tagged With: badkittyuno, Michael Lewis

badkittyuno's CBR8 Review No:62 · Genres: Non-Fiction · Tags: badkittyuno, Michael Lewis ·
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