We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access .
The Big Short Audiobook

The Big Short: Inside the Doomsday Machine

Regular Price:$31.93
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Publisher's Summary

Featuring an exclusive audio interview with Michael Lewis

When the crash of the U.S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn’t shine, and the SEC doesn’t dare, or bother, to tread: the bond and real-estate derivative markets, where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can’t pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren’t talking.

The crucial question is this: Who understood the risk inherent in the assumption of ever-rising real-estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages?

Michael Lewis turns the inquiry on its head to create a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his number-one best-selling Liar’s Poker. "Who got it right?" he asks. Who saw the ever-rising real-estate market for the black hole it would become, and eventually made billions of dollars from that perception? And what qualities of character made those few persist when their peers and colleagues dismissed them as Chicken Littles?

Out of this handful of unlikely—really unlikely—heroes, Lewis fashions a story as compelling and unusual as any of his earlier best sellers, proving yet again that he is the finest and funniest chronicler of our times.

©2010 Michael Lewis (P)2010 Simon & Schuster

What the Critics Say

“No one writes with more narrative panache about money and finance than Mr. Lewis....[he] does a nimble job of using his subjects’ stories to explicate the greed, idiocies and hypocrisies of a system notably lacking in grown-up supervision....Writing in faintly Tom Wolfe-ian prose, Mr. Lewis does a colorful job of introducing the lay reader to the Darwinian world of the bond market.” (Michiko Kakutani - The New York Times)

“Superb: Michael Lewis doing what he does best, illuminating the idiocy, madness and greed of modern finance. . . . Lewis achieves what I previously imagined impossible: He makes subprime sexy all over again.” (Andrew Leonard - Salon.com)

"[Michael Lewis] is the finest storyteller of our generation.” (Malcolm Gladwell)

What Members Say

Average Customer Rating

4.6 (8751 )
5 star
 (5755)
4 star
 (2341)
3 star
 (507)
2 star
 (97)
1 star
 (51)
Overall
4.6 (5718 )
5 star
 (4079)
4 star
 (1257)
3 star
 (302)
2 star
 (57)
1 star
 (23)
Story
4.5 (5700 )
5 star
 (3605)
4 star
 (1627)
3 star
 (383)
2 star
 (64)
1 star
 (21)
Performance
Sort by:
  •  
    Santiago 11-21-15
    Santiago 11-21-15 Member Since 2015
    ratings
    REVIEWS
    8
    1
    Overall
    Performance
    Story
    "Nice story telling to understand complex situations!"

    Very interesting style to describe a complex situation and make it sound interesting for the listener. It takes some effort though to connect the dots between several new concepts if you were not familiar with financial terms. However it is worth the effort as by the end you have a better insight of what caused the last big crisis. Really recommended.

    0 of 0 people found this review helpful
  •  
    Jacob Reynolds 11-06-15 Member Since 2014
    HELPFUL VOTES
    1
    ratings
    REVIEWS
    30
    7
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Yes you should read it"

    If you were wondering what happened in the economic downturn, this will explain the specifics. Loved listening to it.

    0 of 0 people found this review helpful
  •  
    Spencer Connelly 11-02-15 Member Since 2015
    ratings
    REVIEWS
    3
    3
    Overall
    "Fantastic! Truth is stranger than fiction."

    Lewis makes the complex world of high finance accessible and entertaining. He chooses great characters to show the madness of the recession.

    0 of 0 people found this review helpful
  •  
    Robert 10-25-15
    Robert 10-25-15 Member Since 2014
    ratings
    REVIEWS
    4
    4
    Overall
    Performance
    Story
    "Highly recommend"

    Must read if you want to better understand what caused the housing and stock market crash of 2007/2008.

    0 of 0 people found this review helpful
  •  
    Todd 10-12-15
    Todd 10-12-15
    ratings
    REVIEWS
    5
    1
    Overall
    Performance
    Story
    "Outliers Vindicated & Humbled"

    Once the key players were established and their respective trajectories defined, the overall story and their outcomes transformed into a need to know. Against a backdrop of historical catastrophe within the world of finance, three key stories evolve with anticipated, "beat the world" endings. Ironically, these three key subjects did not have money at the epicenter of their existence, but all were treated as outcasts as they defied the establishments of greed and utter, global deception. In the end, the anticipation is fulfilled, but not quite with the expected resolve and grandeur one might envision.

    Interviews with M. Lewis were great and I would have enjoyed hearing Michael read the entire passage. Nonetheless, the performance was great and the reader possessed some of the same common man, common sense qualities that Michael conveys in his stories, subject matter, and style of writing.

    0 of 0 people found this review helpful
  •  
    Michael Carroll 09-29-15 Member Since 2016
    ratings
    REVIEWS
    5
    2
    Overall
    Performance
    Story
    "Profoundly informative"

    This is one of the most clear and valuable accounts of the events leading up to the '07 financial crisis. The author has an intimate perspective, and his writing style makes this a genuine page turner. I recommend to anyone interested in politics, finance, or sociology.

    0 of 0 people found this review helpful
  •  
    marcus 09-18-15
    marcus 09-18-15 Member Since 2014
    HELPFUL VOTES
    27
    ratings
    REVIEWS
    28
    25
    FOLLOWERS
    FOLLOWING
    0
    0
    Overall
    Performance
    Story
    "Why the world is the way it is. The truth."

    Outstanding. A true story of how the greedy US bankers ruined the world economy and why Glass Steigel should never have been revoked. And a great insight into one of the more brilliant and non conventional beneficiaries.

    0 of 0 people found this review helpful
  •  
    neill 09-06-15
    neill 09-06-15 Member Since 2014
    ratings
    REVIEWS
    10
    1
    Overall
    Performance
    Story
    "absolutely fascinating"

    this is a fascinating insight into the goings on of that time.

    would recommend this book to any one who has even the slightest interest in this.

    0 of 0 people found this review helpful
  •  
    fbhfour 09-03-15
    fbhfour 09-03-15 Member Since 2014
    ratings
    REVIEWS
    1
    1
    Overall
    Performance
    Story
    "Great story. Classic Michael Lewis"

    In depth entertaining story of the financial collapse. With the characters who rode the wave. Hubris, egos, chutzpah it's all there and more.

    0 of 0 people found this review helpful
  •  
    Lua Wilkinson 07-13-15
    HELPFUL VOTES
    21
    ratings
    REVIEWS
    43
    22
    FOLLOWERS
    FOLLOWING
    1
    0
    Overall
    Performance
    Story
    "Not as engaging as I hoped"
    Any additional comments?

    Was surprised that this was a Michael Lewis book. Good story, but not as interesting or thought-provoking as his others.

    0 of 0 people found this review helpful

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.