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	<title>Ingenial &#187; collapse</title>
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		<title>Michael Lewis, Inside the Collapse of Wall Street</title>
		<link>http://ingenial.com/434</link>
		<comments>http://ingenial.com/434#comments</comments>
		<pubDate>Sat, 20 Mar 2010 02:39:33 +0000</pubDate>
		<dc:creator>Micah Goulart</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[book]]></category>
		<category><![CDATA[collapse]]></category>
		<category><![CDATA[featured]]></category>
		<category><![CDATA[finances]]></category>
		<category><![CDATA[michael lewis]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[wall street]]></category>

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		<description><![CDATA[If you had to pick someone to write the autopsy report on the Wall Street financial collapse 18 months ago, you couldn't do any better than Michael Lewis. He is one of the country's preeminent non-fiction writers with a knack for turning complicated, mind numbing material into fascinating yarns. 

His new book, called "The Big Short: Inside the Doomsday Machine," comes out later this week and it explains how some of Wall Street's finest minds managed to destroy $1.75 trillion of wealth in the subprime mortgage markets.]]></description>
			<content:encoded><![CDATA[<blockquote><p>If you had to pick someone to write the autopsy report on the Wall  Street financial collapse 18 months ago, you couldn&#8217;t do any better than  Michael Lewis. He is one of the country&#8217;s preeminent non-fiction  writers with a knack for turning complicated, mind numbing material into  fascinating yarns.</p>
<p>He wrote his first bestseller, &#8220;Liar&#8217;s Poker,&#8221; about his experiences  as a young Wall Street bond trader when he was still in his 20s and has  since followed up with seven more bestsellers on subjects ranging from  Silicon Valley in &#8220;The New New Thing&#8221; to big time sports in &#8220;Money Ball&#8221;  and &#8220;The Blind Side.&#8221;</p>
<p>His new book, called &#8220;The Big Short: Inside the Doomsday Machine,&#8221;  comes out later this week and it explains how some of Wall Street&#8217;s  finest minds managed to destroy $1.75 trillion of wealth in the subprime  mortgage markets.</p>
<p>&#8220;60 Minutes&#8221; <strong> </strong>spent two days  debriefing Lewis at his home in California:</p></blockquote>
<p><strong>Part I</strong><em> &#8211; how the collapse came about and who knew what was going on</em></p>
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<p><strong>Part II</strong> &#8211; <em>the culture of bonuses and ratings and why it&#8217;s unnecessary</em></p>
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<p><strong>Extra</strong>: The $8.4 billion dollar bet</p>
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