A federal judge ruled that Michael Lewis is not guilty of defaming money manager Wing Chau in his best-selling 2010 book The Big Short which examined the origins of the financial crisis.
“The court granted summary judgment in favor of Michael Lewis and Norton and dismissed the lawsuit related to the book,” confirmed W.W. Norton’s publicity director Louise Brockett.
It’s been a leaky week leading up to the publication Why I Left Goldman Sachs, with the firm giving guidance on the potential motivations of its former employee, and reporters getting their hands on copies of the embargoed title.
A week ago yesterday, The Financial Times reported on the results of Goldman’s internal investigation into Read More
Now A Major Motion Picture
German lender DZ Bank AG sued Goldman Sachs over $188.6 million in mortgage-backed securities, according to Bloomberg, claiming that investment bank misrepresented the loans underlying the securities.
Earlier in the week, Bayerische Landesbank sued Goldman over about $511.9 million in securities underwritten by Goldman, charging that the securities were riskier than promised and Read More
There's No Crying In Baseball
So now we’ve had movie versions of The Blind Side, and Moneyball, and Brad Pitt has already had a script written up of The Big Short, and it turns out Michael Lewis has already written a script for The New New Thing but it never went anywhere… what’s left? Liar’s Poker!
Michael Lewis’ math-nerds-on-steroids baseball book Moneyball hits theaters on Friday with a whole bunch of buzz behind it! Mainly, (1) Brad Pitt’s an Oscar contender for his performance, but (2) in retrospect the book’s legacy and value to the sport of baseball is chronically overvalued and widely misunderstood. Now it has a new kind of buzz: pissed-off women insulted by the idea that they can’t enjoy a baseball movie!
Late last month a defamation lawsuit was filed against the journalist Michael Lewis. The irony of Mr. Lewis being sued for vilifying anybody is that his body of work is so scrupulously villain-free as to cause the reader to suspect the author has some skeletons in his closet. He wrote a book about baseball in Read More
After suggesting a few weeks ago that moves by financial firms to unwind their proprietary trading operations might be a little disengenuous, Michael Lewis pushes his case further today. According to Lewis, big banks will continue to use shareholder capital to initiate trades, but — cleverly — will say that they are Read More
Politico this morning offers an in-depth examination of the fawning relationship between Michael Lewis and Capitol Hill. It’s worth reading for the rapturous quotes from senators, who always seem to introduce the New York Times bestselling author and his latest book, The Big Short, as if they were an unknown quantity, using Read More
Halfway through this month’s 60 Minutes interview with the financial journalism deity Michael Lewis, a snapshot of a half-grinning banker in a pinstriped suit filled the screen. With a thick neck and soft face, mouth turned tightly upward, the former mortgage bond trader Howie Hubler smiled out unknowingly at 12 million viewers.
In his nice Read More
Home Game: An Accidental Guide to Fatherhood
By Michael Lewis
Norton, 190 pages, $23.95
Here are some things I’ve learned since becoming a father:
—The Queens Zoo is a wholesome and inexpensive place to take two boys, ages 1 and 3, on weekends. Also: It is fine for boys that age to ride the Read More