What is Really Going on in Finance

January 4, 2009

This Op-Ed article by Michael Lewis (the author of Liar’s Poker) and David Einhorn, is the best synopsis of what went wrong on Wall Street that I have read. To make it even better, he actually includes some real things that can and should be done in the future to make things better. The reason I like his way of thinking so much is because he focuses on incentives. I believe that it is always the first place we should be looking when things go wrong.

The End of the Financial World As We Know It


One Response to “What is Really Going on in Finance”

  1. mike donovin Says:

    sound slike a song
    its the end of the world as we know it….its the end…i say start over-give everyone an 800 credit score and begin!

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