Michael Lewis

10 Stories

Young People of Wall Street, Your Character Is Doomed

Michael Lewis says the working environment will surely corrupt them

(Newser) - Respected financial writer Michael Lewis is worried about the souls of Ivy League grads who continue to flock to Wall Street. They might arrive with ambitions to change the world for the better, but rest assured they'll be veterans playing by the corrupt old rules before long, he writes... More »

Now on Chipotle Cups: Stories by Famous Writers

Jonathan Safran Foer spearheads project

(Newser) - Jonathan Safran Foer. Toni Morrison. George Saunders. Michael Lewis. Malcolm Gladwell. They're some of the most famous authors working today, and now they're lending their prose to, of all things, fast-food packaging. Starting today, cups and bags at Chipotle Mexican Grill will come adorned with text from one... More »

Moneyball Author: US Stock Market Is Rigged

High-frequency trading enables big players to fix prices: Michael Lewis

(Newser) - The fix is in on Wall Street, and high-speed trading firms are reaping the rewards—at least according to Moneyball author Michael Lewis. Pitching his new book, Flash Boys: A Wall Street in Revolt, Lewis tells 60 Minutes that big firms beat smaller companies to the punch by thousandths or... More »

Obama to Moneyball Scribe: What It's Like to Be Prez

Author got unusually extensive access for Vanity Fair piece on leadership

(Newser) - President Obama's working wardrobe is sparse, a collection of similar blue and gray suits. "I'm trying to pare down decisions," he explains. "I don’t want to make decisions about what I’m eating or wearing. Because I have too many other decisions to make.... More »

Capitol Hill's Favorite New Book: The Big Short

Lawmakers love how it explains meltdown

(Newser) - Listen to debate over financial reform on Capitol Hill for any length of time and you might think lawmakers were being paid to plug The Big Short, by Michael Lewis. They're not; they just love the way the book explains the financial meltdown and how a handful of investors made... More »

Top F***ing Books About the Financial Crisis

Maybe all the profanity will keep you reading

(Newser) - There are so many books about the financial crisis, how does one choose which to read first? One method: Go for the one with the most instances of the word “fuck.” Conveniently enough, Paul Kedrosky has assembled a handy list. Not big on the idea of the f-word... More »

Amazon, Change Your Dumb Book Review Policy

Let only people who have bought the books write about them

(Newser) - Michael Lewis has written an acclaimed best-seller about the financial industry, but you wouldn't know it from the customer reviews on Amazon.com. Lewis' The Big Short is getting savaged there with low ratings—by people who haven't even read it. Why? They're Kindle fans angry it isn't being made... More »

Wall Street Engaged in 'Elegant Form of Theft'

'Liar's Poker' author sees more sleight-of-hand going on

(Newser) - Wall Street trader-turned-critic Michael Lewis says the big banks are using an "elegant form of theft" to rip off taxpayers. How else to explain the notion of getting a government bailout and then handing out huge bonuses, he tells 60 Minutes in an interview airing tomorrow. Lewis, author of... More »

Wall Street's Doom Years in the Making

Liar's Poker writer saw this coming long ago, and so did some contrarian money men

(Newser) - When he wrote Liar’s Poker in 1989, Michael Lewis figured the end of Wall Street was near. After all, it had hired him, a 24-year-old with neither experience nor interest in finance. “Sooner rather than later,” he writes in Portfolio, “someone was going to identify me,... More »

Best Memoirs About Money

Get the inside scoop on finance from those who live (and lived) it

(Newser) - Some earn money; some write about it. Some do both. CNN Money recommends these six memoirs about money: getting it, managing it, spending it, and not having enough of it:
  1. The Age of Turbulence by Alan Greenspan
  2. Reminiscences of a Stock Operator by Edwin Lefevre
  3. American Sucker by David Denby
... More »

10 Stories