<?xml version="1.0" encoding="UTF-8"?>
<GoodreadsResponse>
	<Request>
		<authentication>false</authentication>
		    <method><![CDATA[]]></method>
	</Request>
	<review id="43209231">
    <user id="1881713">
    <name><![CDATA[Ann]]></name>
    <location><![CDATA[San Jose, CA]]></location>        
    <url><![CDATA[http://www.goodreads.com/user/show/1881713-ann]]></url>
  </user>
      <rating>2</rating>
  <votes>1</votes>
  <sell_flag>false</sell_flag>
  <spoiler_flag>false</spoiler_flag>
  <shelves>
      </shelves>
  <recommended_for><![CDATA[]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Jan 14 00:00:00 -0800 2009</read_at>
  <date_added>Thu Jan 15 21:45:29 -0800 2009</date_added>
  <date_updated>Thu Jan 15 21:57:12 -0800 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Lewis believes that recent costly financial upheavals (crash of 1987, Russian default of 1987,, the Asian currency crisis of 1999, and the current subprime) were caused by a recurring problem of models underestimating the risk of rare events, thereby encouraging investors to take more chances than they rationally would. <br/><br/>It is difficult book to understand because it is collection of essays. Michael Lewis is the editor of the book, and did not write it. I was very disappointed that the book did not answer what is happening today with the sub-prime loans. <br/>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/43209231]]></url>
</review>

</GoodreadsResponse>