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

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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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