Michael Lewis has a poignant article about how the financial system disintegrated. It’s not a pretty picture. The unbridled greed and arrogance of Wall Street is something most of us only dimly grasp. Let me sum it up for you: the mess we’re in was created by some of the greatest assholes who ever walked the face of this earth.
P.S. If you appreciate these kinds of observations, you might want to read this as well.
