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Betting on the Blind Side
(vanityfair.com)
Back in 2004, when Wall Street was in full subprime-craze mode, a reclusive stock picker named Michael Burry read the fine print—and made a fortune. In an excerpt from his new book, Michael Lewis explains why Burry saw what no one else did....
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In for this article:
Tag:
Subprime lending,
Alt-A,
Finance,
Mortgage,
Economics,
Fixed income securities,
Structured finance,
Personal finance,
Banking,
Mortgage loan,
Mortgage-backed security,
Credit default swap,
Business_Finance,
ProvinceOrState:
California,
SportsEvent:
World Cup,
Person:
Michael Lewis,
Michael Burry,
Continent:
America,
Company:
Wells Fargo,
Morgan Stanley,
Goldman Sachs,
Pulte Homes,
Toll Brothers,
General Electric,
Deutsche Bank,
J. P. Morgan,
Country:
United States,
Slovenia,
Currency:
USD,
City:
Oakland,
San Jose,
IndustryTerm:
Direct tool,
Bank,
Insurance policy,
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