Michael Lewis, (Liar’s Poker) succeeds at explaining what went wrong in his article on portfolio.com link here. He walks in the shoes of the guys who saw it coming and made a bundle on the crash. Their revelation and explanation of how CDO market grew large enough to bring down the house is stupefying.
Friday, November 14, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment