Sunday, May 30, 2010

Shorting Reform

Brilliant piece on financial reform by Michael Lewis.
Working together as a team we have already suppressed debate on many dangerous ideas: that those of us deemed too big to fail are too big and should be broken up, for instance, or that credit default swaps and collateralized debt obligations and other financial inventions should simply be banned. We are now at leisure to address the few remaining threats to our way of life. To wit: Continue here.

No comments: