Saturday, November 15, 2008

Michael Lewis: The Death of the Wall Street Investment Bank

I'm a fan of Michael Lewis after reading his brilliant book Moneyball: The Art of Winning an Unfair Gameabout Oakland A's General Manager Billy Beane. His writing career exploded onto the scene with 1989's Liar's Pokerwith his insider's take on Wall Street.

He revisits Wall Street in this shocking article about the Subprime Meltdown. (Read here)

It's a long one. I printed out 17 pages. Make a pot of coffee. Well worth it. What I love is that he tracked down finance people who saw it coming, and describes their journey through this farce.

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