This book tells the story of bond trading on Wall St and in London in the 80's. One of the biggest cash bonanzas in history. The book gives a real feel for the adrenalin, egos, machismo and pressure on the trading floor while giving some genuine context and insight into the economic and political changes that made it all possible.
Reading it from this remove it also makes for a wonderfully insightful "How we got into the mess we're currently in" book and one I would thoroughly recommend for anyone trying to get their heads around credit default swaps, hedge funds and city excess.
Michael Lewis is a good author, able to get the story behind the story. In many ways his almost journalistic style bears comparison with Tom Wolfe and Hunter S Thompson for his ability to see beyond a direct narrative of the action and give the reader a wider understanding of the whats, whys and hows of the situation.
Worth a read
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