The Big Short: Inside the Doomsday Machine
If you want to know who and what really triggered the financial chaos and calamity through which we all have just lived, a must read is The Big Short by Michael Lewis.
If you are a true community banker, this book will make your blood boil. The arrogance and greed that Lewis exposes on the part of many “elites” on Wall Street will leave you shaking your head and fist. If nothing else, read the book’s epilogue. It will open your eyes, or, as the saying goes, “The truth will set you free.” And when you are done, you will know exactly why the community banking industry needs an independent, focused voice. Why we need ICBA.