Michael Lewis Profiled on 60 Minutes: Wall Street Inside the Collapse

March 15th, 2010

(CBS) If you had to pick someone to write the autopsy report on the Wall Street financial collapse 18 months ago, you couldn't do any better than Michael Lewis. He is one of the country's preeminent non-fiction writers with a knack for turning complicated, mind numbing material into fascinating yarns.

He wrote his first bestseller, Liar's Poker, about his experiences as a young Wall Street bond trader when he was still in his 20s and has since followed up with seven more bestsellers on subjects ranging from Silicon Valley in The New New Thing to big time sports in Money Ball and The Blind Side.

His new book, called The Big Short: Inside the Doomsday Machine, comes out later this week and it explains how some of Wall Street's finest minds managed to destroy $1.75 trillion of wealth in the subprime mortgage markets.

60 Minutes and correspondent Steve Kroft spent two days debriefing Lewis at his home in California.

To watch the full Michael Lewis interview please visit CBS: