The Big Short and The Big Lie

The Big Short and The Big Lie

There is no doubt about it:  Michael Lewis is a wonderful storyteller. He demonstrated his skill in his beguiling autobiographical best seller, Liar's Poker. And again in The Blind Side and Moneyball.

Then in 2010 came The Big Short — the fascinating story of a handful of hedge-fund managers and speculators who bet on the U.S. housing market crash of eight years ago and made billions. The compelling narratives of real-life market movers Michael Burry, Steven Eisman, and John Paulsen, as well as millennial speculators such as Jamie Mai and Charlie Ledley, make spellbinding reading even when dealing with arcane subjects like short selling and collateralized debt obligations. Not only was the book a big success, but so was the subsequent movie.

Obama, Pence to Capitol as health care fight begins
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Obama, Pence to Capitol as health care fight begins

Associated Press

WASHINGTON (AP) — President Barack Obama is traveling to the Capitol to give congressional Democrats advice on how to combat the Republican drive to dismantle his health care overhaul. Vice President-elect Mike Pence is meeting with GOP lawmakers to discuss the best way to send Obama's cherished law to its graveyard and replace it with — well, something.

The separate strategy sessions were coming on the second day of the new, GOP-led Congress. In 16 days, Republican Donald Trump replaces Obama at the White House, putting the party's longtime goal of annulling much of the 2010 health care overhaul within reach.

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