. >> and steve eisman and others mike burry and others are sitting there watching this -- betting that it will all collapse. >> right. betting that it will all collapse. >> are they risking very much? i mean you go into the billions of dollars that they have invested in these bonds and then they -- let me finish this paragraph -- >> all right. you kind of hung up on this. >> well, i did because the paragraph here -- >> don't give your view as the impression that it's all so complicated because it isn't. i think it's pretty -- >> well-- >> my mother understood it. >> well here's -- it's not that it's so complicated is i had an ah-ha moment here and i'm going to read the rest of it trying to figure out all of this out. >> right. >> only a triple a rated corporation could assume such risk. no money down and no questions asked. burry, mike burry-- >> the investor, the protagonist of the story. >> was right about this too but he -- it would be three years before he knew it. all right here's what i'm getting at. "the party on the other side of his bet against sub prime mortgage bonds was the

. >> mike burry. and but i wondered reading the book he was an interesting character but so was steve eisman and so was -- >> charlie ledley and greg lippman. >> but why did they -- did they tell you why they were only steve eisman say i'm not going>> steve eisman said, "i'm not going to participate". all of the characters were -- i had a very -- i had a privileged "liar's poker" and other books that people were willing to talk talk to other people. and i developed relationships with these subjects over a long time and then they want me to be intimately. but it became a kind of intimate experience for them. it was just me and them hanging around talking and yes a book was going to come out of it but they didn't think very much think. they thought well it's a book but it's by him and trust himand now the book comes out and on the air? now, steve eisman is technically employed by morgan stanley. morgan stanley won't let him go on the air. he would probably do it anyway if he was feeling bloody-minded wa

. >> mike burry. >> mike burry, the one who doesnt use f-bombs. >> yes.and but i wondered reading the book he was an interesting character but so was steve eisman and so was --