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Panic
Panic: The Story of Modern Financial Insanity | Michael M. Lewis
1 post | 1 read | 1 to read
An analysis of five financial upheavals in recent history includes coverage of the 1987 stock market crash, the internet bubble, and the current sub-prime mortgage crisis, in an anecdotal report that reveals how public knowledge differed from what was actually taking place. 100,000 first printing.
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I‘m a bit late reading this, as it deals with economic panics ending with the 2008 housing bust. Also, my understanding of Wall Street and high finance is primitive at best. This collection of articles and essays on these market events raised my understanding a bit. I found the shorter articles and those written by Lewis to be the most engaging, providing me with the baddest bang for my reading buck.