
Michael Lewis , whose books include "Liar's Poker," "The New New Thing" and "MoneyBall," is a columnist for Bloomberg News. The opinions expressed are his own.
Mass Hysteria Over AIG Obscures Simple Truths: Michael Lewis Last September, the U.S.
government began to dole out the first of $173 billion to
American International Group. A big chunk of it passed right
through to banks that had bought insurance from AIG against
mortgage and corporate defaults -- foreign banks such as
Deutsche Bank and Societe Generale but also some domestic ones,
such as Goldman Sachs and Bank of America.
Man Up! Hedge-Fund Man’s Advice for Wall Street: Michael Lewis Before I quit my job trading bonds
for my former Wall Street employer and set up my first hedge
fund, I thought long and hard.
Suicide Fails the Test of Taking Responsibility: Michael Lewis Financial people may or may not be
more likely than others to kill themselves after they’ve
suffered a reversal, but there’s no question that they enjoy a
reputation for doing so.
Anthony Thinks It Over, Responds on a Calling: Michael Lewis A young man who took a job with a
big Wall Street firm earlier this year, and has been watching
both as an industry and a way of life die, recently wrote to me
asking for career advice.
Lewis on Wall Street Calling Prompts an Outpouring (Update1) “Real excitement isn’t just in
whatever you happen to be doing, but in what you bring to it,”
columnist Michael Lewis wrote to young Wall Streeter “Anthony”
in this space yesterday.
A Wall Street Job Can’t Match a Calling in Life: Michael Lewis Recently I received a letter from a
young employee of a well-known financial firm, who asked that I
not mention his full name, his employer or anything else that
might give him away. Though a bit short on self-pity and self-
dramatization, this letter was otherwise a fine example of a sort
I’ve received often these past few months.
Bonus Jackpot Can Be Yours in Five Easy Steps: Michael Lewis It may still take awhile before Wall
Street finally accepts that it won't get paid.
This Hedge Fund Manager Tries to Short Himself: Michael Lewis The first time I sensed the alarming
change in my soul was when I caught myself, five minutes after
the market open, reaching for a reefer.
America Must Rescue the Bonuses at Goldman Sachs: Michael Lewis Anyone who caught even a sliver of
yesterday's hearings in the U.S. Senate on the proposed Treasury
bailout of the mortgage-backed securities market knows that the
current financial crisis is far from over. Suddenly all sorts of
previously unthinkable catastrophes seem possible.
Bright Side of a Total Financial Market Collapse: Michael Lewis One of life's rules is that there's
bad in good and good in bad. The total collapse of the U.S.
financial system is no exception. Even in the midst of the
current financial despair we can look around and identify many
collateral benefits.