Author Michael Lewis on Wall Street’s delusion
CBS’s “60 Minutes” has just spent two days interviewing Michael Lewis at his home in California. Lewis, of course, is the author of Liar’s Poker, The New New Thing, Moneyball, The Blind Side, Panic, Home Game and hot-off-the-press The Big Short: Inside the Doomsday Machine. His new book explains how some of Wall Street’s finest minds managed to destroy $1.75 trillion of wealth in the subprime mortgage markets.
The following extra segments are also featured:
Source: CBS 60 Minutes, March 14, 2010.
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