Thursday, March 18, 2010

Michael Lewis: Inside the Collapse

Michael Lewis, author of the new book The Big Short (click for Amazon), gave a great interview on 60 Minutes this week. It's a must see for anyone who wants more of the scoop behind the mortgage meltdown, Wall Street's bad behavior, and the U.S. government's sell-out of the taxpayer to buck-up the busted investment banks.

Part 1:

Part 2:

Short "extras" (about a minute each)

More from Michael Lewis on the bailouts:

Michael Lewis on Wall Street pay:

Michael Lewis on how Wall Street is subsidized by the Fed:

More from Michael Burry on being a misfit:

Michael Burry on the size of his bet against mortgages: