An Audience With

Michael Lewis: Banking has become a world of ‘pointless respectability’

The author compares the Wall Street he depicted teeming with human piranhas in Liar’s Poker in 1989 with today’s more staid version

'If you're really ambitious, your ambition is not inside Goldman Sachs - the action is outside'
'If you're really ambitious, your ambition is not inside Goldman Sachs - the action is outside' Photo: Danilo Agutoli for FN

Michael Lewis bursts onto the screen with smiles and hellos – bubbly, friendly, with a passionate, infectious enthusiasm that seeps out on the page, but is even more palpable in person (well, by video call).

He gushes about London, how much it has changed since the seven-year period in the 1980s when he studied at the London School of Economics and then sold bonds at Salomon Brothers’ UK headquarters.

“I got to a point where I actually had to make a conscious decision to come back,” he says from his home in Berkeley, California. “I sensed, ‘I'm just gonna stay here’ — I liked it so much.” He misses the theatre, the literary and journalism scene and the stickiness of his foreign friendships. “Once you have an English friend, you can't lose the English friend.”

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