"In sharing the purported insider's view of the mortgage market
meltdown, Lewis made false and defamatory statements about an
experienced investment professional, Wing Chau, and his firm, Harding
Advisory LLC," the lawsuit claims. "This [book] makes a series of
accusations of grave professional misconduct, incompetence, and
"Chau says he's portrayed as a villain," writes Courtney Comstock at Business Insider. "In reality, Chau isn't portrayed well, but he doesn't look like a villain. He looks like the dummy." Asks Comstock, "what role did Chau play in the crisis, according to Lewis? The end buyer aka the sucker. ... All by himself, Wing Chau generated vast demand for the riskiest subprime mortgage bonds, for which there had been essentially no demand."