Posts Tagged ‘Subprime’

The Man Who Crashed The World

Thursday, July 2nd, 2009

August, 2009 Vanity Fair article investigating the implosion of A.I.G., Michael Lewis explains how one of the world’s safest insurers became a reckless juggernaut—and a national target.

Link to Vanity Fair article

The Mansion

Thursday, September 18th, 2008

“The Mansion: A Subprime Parable”

Conde Nast Portfolio Magazine (October 2008 issue)

When Michael Lewis and his family move into a house they can’t afford, he gets a taste of the new American nightmare.

via Michael Lewis’ Mansion –

Inside Wall Street's Black Hole

Tuesday, February 19th, 2008

Conde Nast Portfolio Magazine (March 2008 issue)

For years, investors have relied on a complex formula to manage risk. But what happens if the Black-Scholes model is wrong—and we’re in bigger trouble than ever?

via Inside Wall Street’s Black Hole –