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.

    Andrei Lankov is in a unique position to interpret North Korea's culture and society to a foreign audience. Accepted into the prestigious faculty of Oriental Studies at Leningrad State university during the declining days of the Soviet Union, Lankov had originally hoped to study Chinese. Instead, he found himself specialising in North Korean studies, an eccentric option even within the Soviet Bloc.The Faculty of Oriental Studies was world apart from the daily life of the average Soviet citizen, in which well-paid Professors avoided their students as much as they possibly could and took refuge from current political troubles in obscure corners of classical philology. Even within this world, North Korean studies were a minority interest. As Lankov himself put it: “Most of the time, Korean departments played host to undergraduates deemed not good enough to be accepted to more prestigious and competitive majors like, say, Japanese and Arab studies. This meant that interest in things Korean was present but not necessarily enthusiastic. It did not help, of course, that North Korea, with its bizarre political system, hysterical propaganda and crazy personality cult was seen as a laughing stock in the entire socialist bloc of the time.”Despite this, Lankov pursued his studies and was eventually dispatched to Pyongyang to study at Kim Il Sung University. Here he gained first-hand experience of life in North Korea: restrictions on movement, ideological proselitizing, corruption and black-market trading. After graduating he taught Korean history and language at his alma mater before moving on to the Australian National University and Kookmin University in Seoul and bringing his knowledge of the closed world of North Korea to a wider audience via a variety of media outlets, including NK News.In this volume we bring together a selection of Andrei Lankov's most popular columns for NK News, illustrated with luminous photographs by Eric Lafforgue.

    This new edition gives expanded attention to the important symbolic roles of school leaders, including practical suggestions on how leaders can balance cultural goals and values against accountability demands, and features new and powerful case examples throughout. Most important, the authors show how school leaders can transform negative and toxic cultures so that trust, commitment, and sense of unity can prevail. Praise for Shaping School Culture "For those seeking enduring change that is measured in generations rather than months, and to create a legacy rather than a headline, then Shaping School Culture is your guide." —Dr. Douglas B. Reeves, founder, The Leadership and Learning Center, Englewood, CO "Deal and Peterson combine exquisite language, vibrant stories, and sage advice to support school leaders in embracing the paradoxical nature of their work. A 'must read' for all school leaders." —Pam Robbins, educational consultant and author "Once again, the authors have presented practitioners, researchers, professional developers, school coaches, and others with a tremendous resource for renovating and reinvigorating schools." —Karen M. Dyer, Ed.D., group director, Education and Nonprofit Sector Office, Center for CreativeLeadership, Greensboro, NC

     As the young boy becomes a man, he grows disillusioned with his work and his life.  So he returns to ask the old man to help him find The Present. The old man responds, “Only you have the power to find The Present for yourself.” Heeding the old man’s advice, the young man embarks on a worldwide search for this magical gift that remains unchanging in a changing world, and holds the secret to personal happiness and lifelong success. It is only after the young man has searched high and low and all but given up his relentless pursuit that he discovers The Present—and all of the promises it offers. Like the young man, you may find that it is the best gift you can ever give to yourself — and to those you care about.

    Management guru Steve is back, working with young Senior VP Cameron Summerfield, who has superstar sales skills but a severe and demoralizing leadership style. Along the way, both Steve and Cameron learn how taking responsibility for making the future markedly better than the present can improve the world. Readers will learn answers to these questions:•How can people amp up their lives to amazing levels of achievement?•If individuals assume personal responsibility, can customers, companies, and employees change for the better?•Is it really possible to shake off inertia and transform your work—and your life?"The best book you’ll read this year. Captivating from the first page and jam packed with invaluable lessons. This is a must read. The Radical Edge is terrific!" --Jason Jennings New York Times bestselling author It’s Not The Big That Eat The Small – It’s The Fast That Eat The Slow, Less is More and Think BIG Act Small"Farber’s style is disarmingly honest as he gives us a playbook for harnessing the power of the human spirit. Invite your team to read The Radical Edge and you’ll have a lasting framework to move your life and business forward." --Simon Billsberry CEO Kineticom (#33 on the Inc. 500, 2005)

    You can get a cup at any caf, sandwich bar or restaurant anywhere. So how did Starbucks manage to reinvent coffee as a whole new experience, and create a hugely successful brand in the process? The Starbucks Story tells the brand's story from its origins in a Seattle fish market to its growing global presence today. This is a story that has unfolded quickly - at least in terms of conventional business development. Starbucks is a phenomenon. Unknown 15 years ago, it now ranks among the 100 most valuable brands in the world. It has become the quintessential brand of the modern age, built around the creation of an experience that can be consistently reproduced across the world. Originally published in 2004 as 'My Sister's A Barista: How they made Starbucks a home away from home', this new 2012 edition has been updated to bring the brand up to date.

    But you can diet smart, not hard. In YOU: Losing Weight, the doctors behind the bestselling YOU: On a Diet offer their best 99 tips and strategies for getting your body into the shape and with the waist size that you’ve always wanted. Dieting can’t be hard if you are to succeed for a lifetime, and it should never feel like a sacrifice. With the right strategy, you can make the lifestyle changes that you need to lose weight and get healthy for good. In this handy waist-loss guide, Dr. Michael Roizen and Dr. Mehmet Oz use their signature wit and wisdom to boil down the science and strategies for you. They keep their usual no-nonsense approach to explaining the human body to outline why crash dieting can’t work for the long term. More important, America’s Doctors share their favorite weight-loss super-foods recipes and provide exercise suggestions for how to get the most from any kind of workout. With food plans, shopping lists, and comprehensive advice on the science of waist loss, this pocket-size paperback is packed with everything dieters need to know about how to develop better habits that will keep pounds off for good.

    On 20 June 1994, a gunman opened fire in the base hospital. Just four days later, a B-52 bomber crashed outside of Fairchild's Nuclear Weapon Storage Area. In a compelling narrative, Staff Sergeant Andy Brown shares the eye-witness accounts of the people who experienced the tragedies—the first responders, the victims, and the survivors. The narrative also tells the story of the people who recognized the signs of impending tragedy. For several months, Fairchild's mental-health clinic struggled to find help for a dangerous patient. When they were unable to convince others of the threat, the hospital became the target of a vengeful gunman and a victim of deep-set bureaucracy. The pilot of the ill-fated aircraft had a history of flying the airliner-sized bomber like an aerobatic stunt plane. The rogue pilot's maneuvers caused aircrews to fear for their lives. They risked their careers by refusing to fly with him. When the chain-of-command failed to act, one brave commander made the ultimate sacrifice to save his men. Brown shares how he had prepared for the lethal force encounter and vividly describes his gunfight with the active shooter. He candidly relates his experience with the aftermath and offers a unique insight into the hidden cost of becoming a "hero." Warnings Unheeded is part of Brown's ongoing effort to share the stories of two preventable tragedies and the lessons contained within them. If you like military biographies, true-crime storytelling, or learning from history—read this true story of mass murder and aviation disaster. "In vivid and thoroughly researched detail, Andy Brown masterfully weaves two tragic stories ... this is an important and well-written read." —Gregory K. Moffatt, Ph.D., author of Blind-Sided: Homicide Where it is Least Expected "Profoundly valuable for anyone who wants to understand violence and mental illness in our society today." —Lt Col Dave Grossman, author of On Combat and On Killing "There are specific lessons in this book that can help us to prevent lethal tragedy." —From the Foreword by Massad Ayoob ***Contains more than 70 photographs and images.***

    Why? It is the competitive edge of new-era business—in any market and any economy.Renowned customer experience expert Shep Hyken explains how consistently amazing customers through stellar service can elevate your company from good to great. All transformations require a role model, and Shep has found the perfect role model to inspire your team: Ace Hardware. Ace was named as one of the top ten customer service brands in America by Businessweek and ranked highest in its industry for customer satisfaction. Through revealing stories from Ace’s over-the-top work with customers, Shep explores the five tactical areas of customer amazement: leadership, culture, one-on-one, competitive edge, and community.Delivering amazing service requires everyone in your organization to step up and be a leader. It doesn’t take a title. It takes the right set of tools and principles. To help you empower employees at all levels, Shep brings the content to a deeply practical level. His 52 Amazement Tools—like “Ask the extra question” and “Focus on the customer, not the money”—are simple, clear, useful for almost anybody, and supported with compelling research and stories. Between these covers, you will find the tools and tactics you need to transform your company into a seriously customer-focused operation that will amaze every customer every time.

    From Simon & Schuster, TNT: The Power Within You is Claude Bristol and Harold Sherman's guide on how to release the forces inside you and get what you want!TNT: The Power With You is Claude Bristol and Harold Sherman's revolutionary book that includes chapters on such topics as "that something" within you that can profoundly impact others and help you take advantage of your inherent powers.

    You may be overloaded with too much of information. There are loads of information in form of books and articles out there that can help you. However, would it be nice to have an easy and simple process to follow to handle this area of your life? Discover The Easy Guide To Public Speaking: “Public Speaking Essentials” will reveal 6 steps that’ll help you overcome your fear and speak like a PRO. These are easy to understand and implement solutions coming from someone who was in the trenches and who's now an active and successful public speaker. Since he was a shy kid as he was growing up, Rama ventured into Public Speaking to handle this area of his life. As a result of his learning from mentors, toastmasters and contests, Ramakrishna Reddy has won more than 25 Public Speaking Contests and written 3 books related to Public Speaking. He speaks regularly to people ranging from few dozens to few hundreds. Ramakrishna is dedicated to sharing the lessons he’s learned to help others become confident in public speaking. Public Speaking Revealed in Six Simple Steps: How to overcome Public Speaking Anxiety How to master three pillars of Public Speaking How to Practice for Presentation Day How to Handle the Presentation Day How to create a connection with the audience How to handle glitches during the presentation day Download now to know more about this 'no clutter' guide.

    This, along with difficult experiences in your past that still weigh you down, can keep you from being a creative force in your life.Clearing is a gentle but powerful way to release the old stress you’re still carrying from your life history, as well as transform how you’re affected by the energy around you each day. Many people experience immediate shifts in their energy during a clearing, and significant change often unfolds in the days and weeks afterward. In fact, clearing has even been described as “accelerated meditation” because it can lead to a sense of calm and happiness that typically results only after years of a mindfulness practice.In this simple, elegant guide, Jean Haner teaches you, in easy-to-follow steps, how to clear your own energy or that of any person, as well as bring harmony to the energy of the spaces you inhabit, so you can reclaim your vitality and joy, and open up infinite new possibilities in life. Healers, intuitives, energy workers, highly sensitive people, and anyone who just wants to optimize their energy and live their best life will find this to be the perfect training. Jean refines energy clearing to its pure essence—the power of the compassionate heart!

    

    They aren't better than you or more deserving. They don't work harder than you, either. But they do understand the importance of developing leaders on their team in order to create sustained, long term success.You have the ability to change your mindset and to develop yourself and others on your team, as leaders.In his groundbreaking book, Build to Last, Keith Callahan lays out the intentional way successful network marketing professionals build - the way a CEO builds a business. The cornerstone of a build-to-last business is leadership and relationships. It's built by first becoming a leader yourself and then developing those you mentor into leaders.In this book you will learn:The mindset and philosophy of top network marketers How to identify and push past your limiting beliefsHow to lead yourself so you can lead othersHow to attract leaders into your businessHow to mentor and develop leadersHow to push those you're mentoring past their limiting beliefsHow to create financial and time freedomHow to earn a 6- or 7-figure income year after yearFollowing the detailed guidance Keith Callahan offers in Build to Last, he went from bankruptcy to 7-figure success in his network marketing business. During nearly a decade in the industry, he has mentored many people on his team of 30,000 distributors to 6- and 7-figure success.With Keith Callahan's book, you can build a network marketing team that allows you to help the most people and earn the highest, long-term, stable income. The end goal is a business that thrives for years to come and does so - here's the important part - with or without you.

    Her engaging time management program caters to diverse learning styles, offering case studies that allow readers to self-diagnose and zero in on the strategies most appropriate for them. Anyone wanting to streamline workflow and improve productivity can employ her wonderfully doable techniques — for clearing task lists, handling reminder systems, scheduling a variety of priorities, and even managing emails and phone calls. Thanks to Segura’s astute attention to personality, The Inefficiency Assassin meets readers where they are struggling and details quick and easy-to-implement strategies to, as Segura promises, “kick chaos to the curb.”