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  <id type="integer">4216241</id>
  <isbn>0393065146</isbn>
  <isbn13>9780393065145</isbn13>
  <text_reviews_count type="integer">43</text_reviews_count>
  <title>
    <![CDATA[Panic: The Story of Modern Financial Insanity]]>
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  <average_rating>3.49</average_rating>
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    <![CDATA[<strong>A masterful account of today's money  culture, showing how the underpricing of risk  leads to catastrophe.</strong>  <p>When it comes to markets, the first deadly sin is greed. Michael Lewis is our jungle guide  through five of the most violent and costly  upheavals in recent financial history: the crash of '87, the Russian default (and the subsequent  collapse of Long-Term Capital Management), the  Asian currency crisis of 1999, the Internet  bubble, and the current sub-prime mortgage  disaster. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market  factors leading up to each event, weaves  contemporary accounts to show what people  thought was happening at the time, and then,  with the luxury of hindsight, analyzes what  actually happened and what we should have  learned from experience.</p>  &lt;p /&gt;  <p>As he  proved in <em>Liar's Poker</em>, <em>The New  New Thing</em>, and <em>Moneyball</em>, Lewis is without peer in his understanding of market  forces and human foibles. He is also, arguably,  the funniest serious writer in America.</p> .]]>
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        <name><![CDATA[Michael Lewis]]></name>
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    <average_rating>4.00</average_rating>
    <ratings_count>11155</ratings_count>
    <text_reviews_count>1853</text_reviews_count>
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  </authors>  <published>2008</published>
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    <rating>4</rating>
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  <read_at>Sat Mar 28 00:00:00 -0700 2009</read_at>
  <date_added>Wed Mar 25 11:43:14 -0700 2009</date_added>
  <date_updated>Sat Mar 28 09:53:43 -0700 2009</date_updated>
  <read_count></read_count>
    <body><![CDATA[Interesting book.  It's a collection of articles written during the times of various financial panics and then articles written after the panic to explain what caused it, etc.  The articles were much more easy-to-understand than I thought they would be and gave a great account of what it felt like t...<a href="http://www.goodreads.com/review/show/50420036">more...</a>]]></body>
    
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