Prologue and Chapter 1 Summary and Analysis

Michael Lewis, the author of previous financially based books, is also the author of The Blind Side, a non-fiction book about NFL star Michael Oher.

Prologue. Poltergeist.

Michael Lewis continues to be shocked that Wall Street would allow him, a twenty-four year old kid, to buy and sell stocks, paying him an unbelievable amount of money. Based on this experience, Lewis wrote his first book, Liar's Poker. Lewis thought his book would open eyes and change the way in which Wall Street did business. However, the book had the opposite effect of inspiring young men like himself to rush to Wall Street to do what Lewis did. In time Lewis realized that nothing would ever really change on Wall Street.

In 2007, Meredith Whitney, an analyst of financial firms for Oppenheimer and Co. announced that Citigroup had so...