Votermedia Finance Blog

November 15, 2008

Michael Lewis on the Wall Street boom & bust

Filed under: Uncategorized — Mark Latham @ 9:53 am

Here’s an insightful and frank perspective from the author of Liar’s Poker:

 http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom

(Thank you Richard Homonoff for this link!)

Advertisements

November 2, 2008

Consensus among bailout critics

Filed under: Uncategorized — Mark Latham @ 10:46 pm

I find it notable that both left- and right-wing thinkers have similar critiques of the bailout. Compare Naomi Klein (e.g. “Not only were profits privatized while risks were socialized but the implicit government backing created powerful incentives for reckless business practices.”) with U of Chicago Prof Zingales.

Blog at WordPress.com.