If you have not yet bought the original copy, make sure to purchase it before buying this unofficial summary from aBookaDay. SPECIAL OFFER $2.99 (Regularly priced: $3.99) OVERVIEW This review of The Big Short: Inside the Doomsday Machine by Michael Lewis provides a chapter by chapter detailed summary followed by an analysis and critique of the strengths and weaknesses of the book. The main theme explored in the book is how corruption and greed in Wall Street caused the crash of the subprime mortgage market in 2008. Despite being completely preventable, the big firms in Wall Street chose to ignore the oncoming fall in favor of making money. Michael Lewis introduces characters—men outside of the Wall Street machine—who foresaw the crisis and, through several different techniques, were able to predict how and when the market would fall. Lewis portrays these men—Steve Eisman, Mike Burry, Charlie Ledley, and Jamie Mai—as the underdogs, who were able to understand and act upon the obvious weaknesses in the subprime market. Lewis’s overall point is to demonstrate how the Wall Street firms were manipulating the market. They used loans to cash in on the desperation of middle-to-lower class Americans, and then ultimately relied on the government to bail them out when the loans were defaulted. Using anecdotes and interviews from the men who were involved first-hand, the author makes the case that Wall Street, and how they conducted business in regards to the subprime mortgage market, is truly corrupt beyond repair, and the men he profiles in this novel were trying to make the best out of a bad situation. By having the words from the sources themselves, this demonstrates Lewis’s search for the truth behind what actually happened. Ultimately, we as an audience can not be sure if the intentions of these underdogs were truly good, but Lewis does an admirable job presenting as many sides to the story as possible. The central thesis of the work is that the subprime mortgage crisis was caused by Wall Street firms pushing fraudulent loans upon middle-to-lower class Americans that they would essentially not be able to afford. Several people outside of Wall Street were able to predict a crash in the market when these loans would be defaulted on, and bought insurance to bet against the market (essentially, buying short). Over a time period from roughly 2005-2008, the market crashed and huge banks and firms lost billions of dollars, filed for bankruptcy, or were bailed out by the government. These men, the characters of Lewis’s novel, were able to bet against the loans and made huge amounts of money, but it was not quite an easy journey. Michael Lewis is a non-fiction author and financial journalist. He has written several novels—notably Liar’s Poker in 1989, Moneyball in 2003, and The Blind Side in 2006. Born in New Orleans, he attended Princeton University, receiving a BA degree in Art History. After attending London School of Economics and receiving his masters there, he was hired by Salomon Brothers where he experienced much about what he wrote about in Liar’s Poker. He is currently married, with three children and lives in Berkeley, California. SUMMARY PROLOGUE: POLTERGEIST Michael Lewis begins his tale of the remarkable—and strange—men who predicted the immense fall of the housing market by immediately exposing himself as the exact opposite type of person from them. He explains to the reader that he has no background in accounting, business, or money managing.

    Benjamin L. Merkle grounds this study about church elders in the Word of God as he clearly and succinctly informs laypeople of the scriptural qualifications and responsibilities of elders and deacons. Then he implores lay men and women to vote wisely concerning church leadership. Why Elders?assumes the voice of the curious church member who reads the Bible with an eye focused on the early church's organizational structure and asks, "Why did they do it the way they did?" and "How can we follow Scripture's prescription for leadership?"

    

    The 2010 winner was 28-year-old Brendan Hall and his crew in Spirit of Australia. Although Brendan was the youngest and least experienced skipper in the race, the win was no accident – it was the culmination of years of training, skilled navigation and a leadership style way beyond his years.His skills were soon put to the test – in the middle of a North Pacific hurricane, Brendan went to the rescue of a competing yacht and skippered both boats across one of the most feared oceans in the world. This brutally honest, no-holds-barred account is revealing and instructive, with valuable lessons in leadership and management – as well as never giving up. Thrown in quite literally at the deep end, he is pushed to the limit, and learns lessons you can only learn the hard way.

    Conrad Mbewe, Pastor of Kabwata Baptist Church and Chancellor of the African Christian University in Lusaka, Zambia If you want to survive and thrive in ministry, Croft and Savastio show you the way! Dr. Sean Michael Lucas, Senior Pastor, Independent Presbyterian Church (PCA), Memphis, Tennessee Croft and Savastio have written a desperately-needed volume for desperate times. …pastor, get this book and hear and heed its vital message. If you are not a pastor, read this book and learn how desperately your pastor(s) need your prayers and encouragement.” Jeff Robinson, Sr., Lead pastor, Christ Fellowship of Louisville and Senior Editor, The Gospel Coalition. …biblical, encouraging and practical. Every minister of the gospel will benefit from this thoughtful book. Robby Gallaty, Senior Pastor, Long Hollow Baptist Church, Founder, Replicate Ministries …this warm and lively book should prompt spiritual longevity and prosperity in God’s servants, and therefore help bring God’s blessings to those they serve. Jeremy Walker, Pastor of Maidenbower Baptist Church; Author, A Portrait of Paul The Pastor's Soul serves the local church and the local church pastor very well. … The balance of consideration for both spiritual well-being and physical health is refreshing as well as convicting. Anthony Mathenia, Pastor of Christ Church, Radford

    Most leaders need reminding everyday that with their privileges comes responsibility and obligation. If any young man or woman seeking to become a leader and not a manager only reads one book on leadership, let it be this one!

    Leadership: A Practical Guide is packed with examples of famous leaders who achieved brilliant things against all odds.You’ll discover their ideas, strategies and tried and tested winning solutions, which can be applied to the opportunities and challenges that you face.So whether you’re starting from scratch as a new leader, needing to raise your game, or aiming to do what great leaders do and aim even higher, this practical yet inspirational guide will help you to perform at your very best.

    Readers will discover how temperaments impact...being singlebeing marriedlove lifecommunicationministryThe New Spirit-Controlled Woman shows readers that God loves them, that He has wonderful plans for them, and that He provides the power and drive needed to fulfill His will.

     Share before you’re ready. Get more agreements. Have difficult conversations. These are a few of the practical but profound ideas Lessonly CEO Max Yoder shares in Do Better Work. No matter your rank or role, if you want to see more understanding, accountability, and progress on your team, these stories and examples are for you. Praise for Do Better Work: “Devastatingly effective, and a must-read for business leaders with a soul. Do Better Work is the modern manual for how to align company success and personal growth.” Jay Baer, New York Times bestselling author of Youtility and co-author of Talk Triggers “The best books pop lightbulbs over our heads that feel so obvious we wonder why we didn't realize them all along. This book does that. An essential read for any 21st-century leader." Coco Brown, CEO and founder of The Athena Alliance “Our world needs a style of leadership that puts people at the center, and I can think of no better guide than the lessons contained in this book.” Scott Dorsey, former CEO of ExactTarget/Salesforce Marketing Cloud “Practical advice with a soul and a deep understanding of how humans connect and work together.” Nataly Kogan, founder of Happier @ Work and author of Happier Now

    You will discover that the path to financial freedom lies not in selling but in sharing, and that living your dream begins when you start helping other people live theirs. You will trade the mindset of a SELLfish(TM) for the lifestyle of a STARfish(TM)-and for you and many, many others, that transformation will have an impact beyond anything you can imagine.The road to success is mapped out for you clearly in these pages. It's no secret-not anymore. You're about to discover-The vital link between action and purpose-How to "control the controllables"-How you can remove the pressure so that people love buying from you-The all-important Share Cycle(TM) and how to master its 10 indispensable steps-Proven, no-pressure ways to defuse customer challenges-And much more

    In Amplified Leadership, “pastor’s coach” Dan Reiland gives you a proven process for developing new leaders that are established spiritually and trained practically. Not just a checklist of things you should do, Amplified Leadership provides an intentional development process that starts with your relationships and ends with empowered leaders who are ready to make an impact. With personal examples and proven advice, Reiland gives you the tools you need to: •Establish relationships •Engage followers •Embrace and equip team members •Coach your apprentices •Mentor new leadersThe ability to develop leaders is a life-changing gift. When you successfully empower and release people to leadership, you give them the opportunity to fulfill their potential and advance the mission of the church.

    When you release these thoughts, instead of letting them dictate your experience, you become empowered to live a life of joy--in touch with your true nature.       Make the choice to change your thoughts to bring about inner peace and true happiness. In this powerful CD program, two life-changing teachers show you the way.

    Forget the dashing swashbuckler, effective leadership is typically understated. It's the myriad small things that make the big things possible. In Do Lead, Les McKeown demolishes the myths that have paralysed leadership in our modern era, then provides newt tools for the job. You'll discover that we can all lead. And what's more, we should. Because effective leadership is goal- not people-oriented. It's about the person with the right skills putting themselves forward. Find out:• The mindset required• The basic leadership toolkit• Techniques for dealing with the (inevitable) failuresWhether you are new to the game or reigniting a dormant passion, start leading from where you are, right now. And start to make a difference. You can lead. Yes, you.

    but not out. In 2001, then-27-year-old Chad Hymas had everything: a beautiful wife, two sons, two thriving businesses and parents and brothers who loved and supported him in everything he did. It seemed he couldn't fail. Everything he touched turned to gold. And then a rushed decision to ignore safety in favor of getting home to see his baby boy take his first steps changed everything forever. A few minutes of caution could've kept his golden life on track, and he would live to regret his decision until he changed his mind about what his life was for. Ultimately, Chad Hymas spent many weeks in the hospital and in physical therapy. The doctors determined that psychological therapy wasn't needed, but Chad had another kind of help. He met Art Berg, another quadriplegic, who introduced himself without a word but with plenty of action. And Chad was paying attention. That was the day he began to change his mind about his life's purpose. With desperation, dedication and determination, and the help and love of his family and friends, Chad set out to reinvent himself, take risks, and do things he never thought he could or would do, even when his body was whole and fully functional. He had plenty of black periods to work through, to let go of his old ideas about who he was supposed to be, and the anger and frustration of not being able to be that. It hasn't been an easy journey, but it has transformed him into a man unlike anything he ever thought he could or would be. He's dedicated his life to service for others who have lost functionality, or perhaps never had it. He became a living example of what is possible, if one is willing to invent different ways to do what has to be done. In order to teach others, he had to invent those new and different ways of doing things for himself. He had to walk the talk. Now... He opens minds, eyes, hearts and doors for people just like himself. He helps people who have all their faculties to become more than they think they can be. He inspires children and adults alike, those with challenges and those without. He helps companies to work better by coming together, and teaches families and caretakers new ways to help those they care for. In the ten years since his accident, Chad travels the world, speaking to companies, kids in schools at all grade levels, families and individuals whose lives are being remolded by their own events. He has become the living demonstration of what is possible, if we find different ways of doing what must be done. His life changed forever and now, he changes lives.

    is based on the premise that each of us is founder, CEO, and 100% stockholder in our own company — You, Inc. The 10 principles in this book will empower you to think and act like a well-run, highly profitable corporation.By learning and applying the 10 simple principles in this book, you will become more valuable in virtually every phase of your life. And as your value increases, you will become more secure in your job… more productive in your business… more vital to your friends and family… and more fulfilled in your personal and professional life.The 10 Principles of You, Inc. will show you how to:~ Take Responsibility- Take control of your life~ Dare to Dream - Dreams are the blueprints of success~ Power of Belief - Re-program yourself with I CAN thinking~ Courage to Take Action - Small actions yield big results~ Attitude is Everything - Confirm that you are what you think~ Develop Productive Habits - Encourage you to replace bad habits with good ones~ Manage Your Emotions - Run your emotions, so your emotions don’t run you~ Prepare for Success - Read books, Attend Seminars & Associate with winners~ Balance Your Life - ”Five F’s”: Faith, Family, Friends, Fitness & Finances~ Change…or Be Changed - Make change work FOR you, instead of against you