This sort of shoddiness with facts is becoming a concerning pattern for Michael Lewis. He's a great writer, but he really doesn't seem to have a close relationship with the truth. Two other examples: * Everything about the blind side that is now coming out in court. * The founders of IEX who are now begging the market making firms to come to the exchange which was designed to get rid of them... and creating a much wo…
Yes, I would say that's a good assessment. Anyone who's read Michael Lewis should have similar instincts: He's a great storyteller with a sixth sense for what makes characters jump off a page. But he is not a journalist, and he is does not act as a moral compass for the reader. I certainly do not share his credulity of financial services sector.
I like Gay Talese too; he seems to write closer to the truth, but I wouldn't mind if it were just fiction, because it is so well written.