michael lewis. thanks for having me back. people don't always. >> jon: they should. the book is "boomerang." my first question obviously who will play ben bernanke in the movie version of this? because you know you have yet to have one of these that isn't going to go to a movie. "moneyball," congratulations, all those good things. very nice. very nice. >> have you seen it? >> jon: have i seen "moneyball?" >> yes. >> jon: yes. listen, i love baseball movies "the natural" "bang the drum slowly." you can do any baseball movie now see one as smart as that one and well done as that one... >> i thought it was going to suck. (laughter) when they told me they were making it i thought they were insane. i thought i was going to have to go hide. (laughter). >> jon: is that how you pitched in the the room? (laughter) >> the genius of bennett miller, the director, and brad pitt's performance is unbelievable. it's unbelievable. they took a book that shouldn't have been a movie and they made it into a great movie.

we got the author michael lewis who's going to be on the program. he's going to be here to talk about his new book called "boomerang" so that's what we're going to be doing and... oh, wow! (laughter) (cheers and applause) it's not like we worked on that for three hours. (laughter) like "prayer for owen meanny." come on, we've got to work on this, i don't know why. really? all right. governor chris christie, republican of new jersey in trenton, new jersey, today at 1:00 p.m. eastern (bleep) hole time making a stunning announcement. >> . >> what i've always felt was the right decision remains the right decision today. now is not my time. the answer was never anything but no. >> jon: oh, my god, chris christie 2012! chris... wait. what? (laughter) no? oh. well, having said he wasn't going to run in private, having said it on the television, having said it to print reporters, having tagged it on what can only be described as a condemned trenton building... (laughter). having demonstrated his position while attending a devils game. (laughter) who pays fo

the latest from michael lewis is called "boomerang." and ockard channing is here headlining a production of "other desert cities" opening on broadway in november. michael lewis and actress stockard channing coming up right now. >> every community has a martin luther king boulevard. it's the cornerstone we all know. it's not just a street or boulevard, but a place where wal-mart stands together with make every day better. >> nationwide insurance supports tavis smiley, with every question and every answer, nationwide is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment one at a time. >> and to contributions to your pbs station from viewers like you. thank you. tavis: michael lewis is a perennial best-selling author whose previous books include ""moneyball," "blind side" and "the big short." the satellite called boomerang. let me start with the news of days ago, miracle and sarkozy of germany and france respectively have said by the end of the month they're going to put forth a plan o

michael lewis. (cheers and applause). >> jon: that's our show. tune in tomorrow night at 11:00. in the studio tomorrow night and once again michael lewis the book is "boomerang." (laughter) i guess it only works once. here it is, your moment of zen. >> i'm heading out you guys because... here's the camera. where i am. oh, look at you, secret service. all right, everybody knows shatner rules, right? so he is here. william shatner out on military island and truly... not coming? all right, we know... how do you captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org >> stephen: tonight, big changes in the republican field. it's a ten-way tie for "not romney." (laughter) then, a music legend gets in

first, best selling author michael lewis, also howard fineman. keep it on "morning joe." [ female announcer ] starbucks via® is planted the same... ♪ ...harvested the same... ♪ ...and roasted the same as our other premium coffees. ♪ it only makes sense it would taste the same. so, try it for yourself. buy a pack of 100% natural starbucks via® ready brew. we promise you'll love it or we'll send you a bag of starbucks coffee. it's the starbucks via® taste promise. look for it at starbucks stores and where you buy groceries.

joining us, michael lewis, author of bestsellers. "money ball" and "the blind side." his new book is called "boomerang." michael lewis, thanks for coming in. >> thanks for having me back. >> do you believe the sky is falling? >> it's more complicated than that. it is, i think what we're going through now is an extension of the financial crisis that began in 2007 and 2008. we have forestalled it, but what happened was these debts were created. they were private debts. they got -- they tended to be around the world nationalized. socialized. and the governments now are ceasing to be credible. and the question is, what happens when the governments aren't credible? who can step in and say, we'll put the panic to rest? and i think, you know, i think what's -- we're coming to a point of reckoning. i don't think it's the end of the world. but i think -- i think we've got kind of radical change in front of us, yes. >> i have been following the euro crisis as best i can and getting increasingly worried about it. i've been doing a lot more reading about it. i haven't quite figur

author michael lewis joins us on whether the protesters can use that anger to change american heartsnd minds. >>> and if you're like me and grew up in a time of racial tensions and riots, it's amazing and gratifying to see a country that has a democratic african-american president, and another african-american at the top now of the gop field. how far have we come on this weekend that we do dedicate the martin luther king jr. memorial here in washington. >>> and let me finish tonight with a call to action to those protesting on wall street. get something done. we start with the rise of herman cain. david corn's an msnbc political analyst and "mother jones" magazine's washington bureau chief, and jonathan martin is senior political reporter for politico. gentleman, i want to know how this ends for this fellow, herman cain, who's come out of nowhere. you're chuckling but let me raise a couple of questions here. i'm going to give you a number of questions, the scenario. this guy keeps going up. he's ahead now in south carolina. he's ahead now in florida. he's ahead of the field against a

american financial system that started at the end of the bush presidency has been forestalled, as michael lewisit in his new book "boomerang." it has been forestalled but not ended. as mr. lewis puts it, "the financial crisis of 2008 was suspended only because investors believed that governments could borrow whatever they needed to rescue their banks. what happened when the governments themselves ceased to be credible?" this ongoing and potentially now worsening economic crisis of ours is global and it is political and it is also local and occasionally tawdry and weird. and one man who has gone to these tawdry and weird places around the globe trying to figure out what went wrong and why and when and who did it is back with us here. joining us in studio for the interview is michael lewis, author of best-sellers "moneyball" and "the blind side." his new book is called "boomerang." michael lewis, thanks for coming in. >> thanks for having me back. >> do you believe that the sky is falling? >> yeah, it's more complicated than that. it is -- i think what we're going through now is an extension of t

i think that's right. >> on that cheery note, michael lewis, thank you very much.verywhere. we will be back. >>> don't tell me we're going to get out of here with just hocus-pocus -- give me the truth. [ female announcer ] introducing crest complete whitening plus deep clean. you feel it working, so you know it's working. and that means you're good to go, for whatever the day brings. new crest complete. unlike ordinary toothpaste, you feel a deeper clean. it's a signal that tells you your whole mouth is clean. you're also protected. because most of life happens outside the bathroom. feel it working, know you're covered. with new crest complete, life opens up when you do. >>> tom friedman, pulitzer prize-winning columnist for the new york times spends a lot of time thinking about america's problems and solutions to those problems. he joins me now. thanks for joining me, tom. >> great to be here, fareed. >> tom, you have a new book, "that used to be us." and it came from something obama said, so many people feel that way when you read about the biggest bridge, the ta

in a conversation tonight with michael lewis, the writer of and books like "moneyball." he is out with a new book about the financial crisis in europe. it is called "boomerang: travels in the new third world."." alal s sckckd d anning is here. she is headlining the production of "other desert cities," which opens november 3. we are glad you joined us. >> every community has a martin luther king boulevard. it's the cornerstone we all know. it's not just a street or boulevard, but a place where walmart stands together with your community to make every day better. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide insurance is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> and by contributions to your pta -- pbs station. from viewers like you. thank you. [captioning made possible by kcet public television] >tavis: michael lewis is an author whose previous ? includes "moneyball" and "the big short." could to have y

i think that's right. >> on that cheery note, michael lewis, thank you very much. "moneyball" in theaters everywhere. we will be back. >>> don't tell me we're going to get out of here with just hocus-pocus -- give me the truth. [ male announcer ] theraflu, mucinex, lysol disinfectant spray and...a toy drum. hiya folks, so the other day i tried to buy some camouflage pants but i couldn't find any. [ rimshot ] thank you, thank you i'll be here all week. in fact, i'll be here for the next 18 years. [ rimshot ] is this really necessary? come on ma, laughter is the best medicine! i'm just glad i stocked up on the real stuff. tough crowd. [ male announcer ] get low prices every day on everything to prepare for cold and flu season. we're so confident in our low prices, we back 'em with our ad match guarantee. save money. live better. walmart. >>> tom friedman, pulitzer prize-winning columnist for the "new york times" spends a lot of time thinking about america's problems and solutions to those problems. he joins me now. thanks for joining me, tom. >> great to be here, far

. >> ha does michael lewis think of this? i'll ask him about the wall street protests and why we should be worried about monks in greece. and harry belafonte. ♪ >> like you have rarely seen him on race and politics. do you think america is more or less racist since the inauguration of the first black president? >> i think what barack obama is going through the race. >> michael jackson. >> i watched him transform himself from the child he was to the figure he became. all those facelifts and distortions. i found it to be a very sad, sad journey. >> this is "piers morgan tonight." >>> good evening, we start with breaking news tonight. a live shot from downtown new york. the clock is ticking. a potential confrontation of the group occupy wall street. they have to clear out by 7:00 tomorrow morning to clean up. they say it's an excuse to get them out. the united autoworkers union is going to show up. my next guest knows more about this than anybody else and why they are so fired up. it's michael lewis. what do you make of all this

joining me now is michael lewis, who wrote "money ball" as well as "the blind side."ook about the global financial crisis called "book rang." i love what they were able to do with your book. i love "money ball." i'm not sure what it was about. it was bigger than baseball. we can't talk about it here. it's too deep and cosmic. shortly, can you tell me quickly in a sentence or two what was "money ball" about and then what was "boomerang" about. >> it's the way the markets misvalue people and the way people get misperceived. it's an astonishing story. they can be under valued and then they can come and take advantage of that. boomerang is about the financial crisis. i think what you are seeing on wall street is an expression of the fact the financial crisis never really ended. it got -- the debts that were -- the bad investments that were made by banks have been nationalized around the world. you have now sovereign states that are not credible financially. >> what are the people up in those buildings looking down on people thinking right now? are they scared? are they ch

>> michael lewis. >> not me but michael lewis.h, that's cute. >> i can do better. >> i had it in my wallet. that's all i could do. >> that's great. >> happy birthday, nick. he's out there watching in st. louis. he is not awake i can assure you. >> okay. >> he has studied money ball. he is an athlete. captain of his, if i may say so captain of the football and baseball teams at the noted athletic power house in washington. >> sweet. >> yes. >> nice. >> he studied money ball. he studied blind side for the sciences of the sports and for great writing. >> it's amazing. i am shocked michael lewis came on and we almost got him to say what an author never says. >> mm-hmm. >> the movie is better than the book. you're just thrilled with how the movie -- >> it's funny. scenes like that which look pure invention, they came right from life. this is what this general manager did. he was swapping players as if they were commodities in a market. >> you know, the fascinating thing is a lot of baseball purists love to scoff at the billy bean story

joining me, michael lewis.ook is because i grew up playing cricket. so i really don't know enough about baseball. but explain, if you will, what is the central premise of "moneyball"? >> when i did the book in 2002, i was struck by how a poor baseball team, a team that had much less money to spend on players than its rivals did, the oakland as, were able to win lots and lots of games, more than its rivals, with this lower budget. in an efficient market, when baseball players were properly valued, you would think that the rich teams would just buy all the best baseball players and win all the games. and the question i had was, why isn't that happening. and the answer, which is unspooled in the book, is the market doesn't value baseball players properly or strategies for that matter. and that it -- the market was operating with bad data, the wrong data, relying too heavily on human judgment, unaided by statistics. to make sometimes very bad decisions about who was a valuable baseball player and who wasn't. and al

thank you, michael lewis. thanks.d to know at least it's possible if we get the right people running the country. >>> up next, herman cain is hoping his candidate sip doesn't melt away lake his choice of ice cream, actually. stick around for the side show. i still think that guy's rocky on the republican side. you're watching "hardball," only on msnbc. [ female announcer ] instantly smooth wrinkles with a shot? wait a second... with olay challenge that. new regenerist wrinkle revolution... relaxes the look of wrinkles instantly, and the look of deep wrinkles in 14 days. ready, set, smooth... regenerist. from olay. so i got my nephew i neto build a website., i hired someone to make my website... five months ago. we are building a website by ourselves. [ woman announcing ] there's an easier way. create your own small-business site... with intuit websites. just choose a style that suits your business, then customize, publish and get found... in three easy steps. [ bell dings ] sweet. [ announcer ] all from just $7.99 a m

. >> rose: michael lewis for the hour. next. cu captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: michael lewis is here, he is a best-sell august thor and journalist. his best-known books include "liars poker" "the big short" and "blind t blind side." he's also the author of "money ball" which came out in 2003 with brad pit, jonah hill and philip seymour hoffman. here's an excerpt from the movie. >> hi, mr. shot, it's peter brent. i apologize to putting you on hold earlier. billy asked me to call you back. he's on another line. >> tell him we want $225,000 for ring cone. >> billy he wants $225, forricardo rincon. please, yes, i added thelease at the end. okay, hold on one second. >> tell him i'll pay for one when i sell him back for twice, i keep the money. >> okay, so billy says he'll pay for rincon himself, but when he sells him for more money next year, he's keeping the profit. okay, thank you very much. wel call you back. thank u. >> come on! come on! >> rose: (laug

thank you, michael lewis. thanks.lad to know at least it's possible if we get the right people running the country. >>> up next, herman cain is hoping his candidacy doesn't melt away lake his choice of ice cream, actually. stick around for the side show. i still think that guy's rocky on the republican side. you're watching "hardball," only on msnbc. what's in the mail? well, it just might surprise you. because this is how people and business connect. feeling safe and secure that important letters and information don't get lost in thin air. or disappear with a click. but are delivered. from person to person. and, sometimes, even face to face. have a great day. you too. for some of the best ways to connect and protect... it's all in the mail. learn more at usps.com/mail. exclusive to the military. and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. from free checking to credit cards to loans, our commitment to the militar

join me next time for a conversation with michael lewis. >> every community has a martin it's the cornerstone we all know. it's not just a street or boulevard, but a place where walmart stands together with your community to make every day better. >> nationwide insurance supports tavis smiley. with every question and every answer, nationwide insurance is proud to join tavis in working to improve financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> brought to you by the aarp foundation. w. k. kellogg foundation, engaging communities to improve the lives of local children. learn more at wkkf.org. >> the annie e. casey foundation, helping to build a better future for american kids and families. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] kcet public television]

michael lewis, whose latest book "boomerang" takes people to the center of the crisis. you say, no one is running the world. you say it at moments of crisis, you realize no one is in charge. is that what we are seeing? >> not exactly. i do not think the protest on wall street are the result of the crisis of three years ago. we had this profound active and fairness where wall street firms, directly responsible for the financial crisis -- at of unfairness were wall street firms, directly responsible for the financial crisis, had to be bailed out by the government to apparently save the economy. they themselves get saved, and what do they do? the turnaround and they frustrate any efforts to reform them. that coupled with the fact that a lot of people are suffering as a result of the financial crisis -- it has created capitalism with a room and for anyone except for the capitalists. >> are countries like greece capable of reform? >> the sort of changes that would require grease it to become a decent the citizens of the euro -- greece to become decent citizens of the hero, i