Absolutely fascinating account of the implosion of Wall Street by Michael Lewis ... acclaimed author of Liar's Poker ... a seminal expose' of 80s Wall Street madness. Really nicely written. Check it out at Portfolio HERE Read it if you don't understand how ... as PJ O'Rourke said "Jim Jerk down the road from me, with all the cars up on blocks in his front yard, falls behind in his mortgage payments, and the economy of Iceland implodes."
Will also really make you stoked to know that we've put the cost of this shit on the tab of the taxpayers. Just amazing.
And if you crave more Michael Lewis after this article ... he's got a nice one in the Oct 08 edition that's hilarious about the housing "crisis" HERE
And check out a recent story in the NYTM HERE about the wierd world of disaster prediction and insurance.
Kinda can't say enough about his writing. I love it. And random fact: dude's married to Tabetha Soren from the old MTV days. Heh
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