MICHAEL LEWIS’s new book, GOING INFINITE, the story of Sam Bankman-Fried and the rise and fall of crypto exchange FTX, is the #1 Selling book on Amazon. Here’s my 2010 conversation with Lewis about another #1 best-seller, THE BIG SHORT. In telling the story behind the Oscar nominated film, one of the great “explainers” defines a lot of terms – securitization, derivatives, credit default swaps – you remember. I think it’s one of my favorite episodes.

 

 

Originally aired October 2011

As the two countries play a high stakes game of chicken, it’s a good time to see what Greece and Germany looked like in the aftermath of the global crash. Who better to be our tour guide than best-selling author MICHAEL LEWIS?

Lewis’s book, BOOMERANG: Travels in the New Third World is made up of articles originally published in Vanity Fair and picks up where 2010’s THE BIG SHORT left off. Governments are the focus of this book. Mostly because they have taken on the bad debts of the too-big-to-fail banks, so now they are themselves at risk. Now politics and culture become much more important as to how they will deal with that risk. The book also profiles Ireland, Iceland, and California.
Both Ira Glass and Malcolm Gladwell say today’s guest is their favorite storyteller. In his books and magazine articles, Lewis writes about sports, business, Wall Street, Silicon Valley, political campaigns, fatherhood. Stuff that matters to a lot of people. He’s smart and he has a sense of humor. Once a trader at Salomon Brothers, he wrote his first best-seller, LIAR’S POKER about the excesses of Wall Street during the 1980s. He continues to write about that world with his last two books, a column for Bloomberg, and articles in Vanity Fair. We also talk about the twisted path taken to get MONEYBALL into movie theatres.

  Aired 04/04/10 Michael Lewis received a BA in art history from Princeton University and an Masters in economics from the London School of Economics. He worked as an investment banker for Salomon Brothers in the 80s before leaving to write LIAR'S POKER. Other books include MONEYBALL, on the Oakland A's, Billy Beane, and baseball's new wave of Ivy League general managers; PANIC: The Story of Modern Financial Insanity; HOME GAME: An Accidental Guide to Fatherhood; and THE BLIND SIDE. http://moveyourmoney.info/

 

 

Aired 06/26/11

GRETCHEN MORGENSON was awarded the Pulitzer Prize in 2002 for her "trenchant and incisive" coverage of Wall Street. She has been on that beat ever since and now has a book on the recent meltdown. Though we've had in depth conversations with Michael Lewis, Joseph Stiglitz, Simon Johnson, William Greider and others about the crisis, it's been a while since we covered it, and so this week we will have a chance to get an update on where things stand and look at some of the implications. 
RECKLESS ENDANGERMENT lays out how the financial meltdown resulted from the toxic interplay of Washington, Wall Street, and corrupt mortgage lenders. It reveals how the watchdogs who were supposed to protect us from financial harm were actually complicit in creating the financial crisis, and focuses on the abuse of Fannie May and Freddie Mac.

http://www.nytimes.com/

 

 

Aired 10/16/11

Both Ira Glass and Malcolm Gladwell say today’s guest is their favorite storyteller. In his books and magazine articles, Lewis writes about sports, business, Wall Street, Silicon Valley, political campaigns, fatherhood. Stuff that matters to a lot of people. He’s smart and he has a sense of humor.

Lewis was a trader at Salomon Brothers before he wrote his first best-seller, LIAR’S POKER about the excesses of Wall Street during the 1980s. He continues to write about that world with his last two books, a column for Bloomberg, and articles in Vanity Fair.

His newest book BOOMERANG: Travels in the New Third World is made up of articles originally published in Vanity Fair and picks up where 2010’s THE BIG SHORT left off. What happens after the meltdown of 07-08? Governments are the focus of this book. Mostly because they have taken on the bad debts of the too big to fail banks, so now they are themselves at risk. Now politics and culture become much more important as to how they will deal with that risk. Then there’s the story of California which as a state ran up unsustainable debts during a series of bubbles and can’t raise the taxes to pay for them.

We’ll also talk about the twisted path taken to get MONEYBALL into theatres. The film based on his 2003 book is now a popular and critical success.

MICHAEL LEWIS received a BA in art history from Princeton University and a Masters in economics from the London School of Economics. He contributes to bloomberg.com and Vanity Fair. His other books include The Blind Side, Panic, The New New Thing, and Home Game.