By DLB on June 23, 2010
That some degree of regulatory reform is in order after the financial debacle of 2008 is incontestible. I do not know a conservative or a liberal who believes that every single part of the system is fine as is (or as was). However, the Senate and the House are currently in conference for ...read this post
Posted in Economics, Politics | Tagged Barney Frank, consumer protection, credit default swap, economic crisis 2008, Fannie, Freddie, statism, tokenism, Wall Street reform
By DLB on June 8, 2010
Gregory Zuckerman’s The Greatest Trade Ever is a very different book than the vast majority of the [numerous] books on the economic crisis of 2008 that I have read thus far. Several of the books in my series have aspired to be non-ideological, but none (until now) have actually pulled it off. The Greatest Trade ...read this post
Posted in Book Reviews | Tagged Carl Levin is a terd, credit default swap, economic crisis 2008, Goldman Sachs, housing bubble, John Paulson, The Big Short
By DLB on March 14, 2010
Let me get the easy part of this out of the way first. Michael Lewis is a remarkably gifted writer, and I have often found his books impossible to put down. When I first read his debut at book authorship, Liar’s Poker, I literally read it straight through. I was not alone ...read this post
Posted in Book Reviews, Economics | Tagged AIG, credit default swap, economic crisis 2008, Goldman Sachs conspiracy, Michael Lewis, Wall Street