(The Big Short: Inside the Doomsday Machine by, Michael Lewis.) The group of people that the book focuses on shows how they sold bonds to investors that were packaged as a safe bet. It shows the great lengths they went to in order to lure in investors, although they knew in actual fact the bonds were extremely risky investments. The group were also aware that in case of a Global Financial Crisis, the government would bail them out, and thus, they could get away with trading in this way. In a way the author shows readers that this kind ...
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