Michael Lewis (Liar's Poker) - The End Of Wall Street's Boom

way too long to paste here, but a hell of a read...

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

 

This has already been posted here but it is an excellent article.

 

Wow, that is a great read. Anyone not fully familar with the sub-prime meltdown can learn a thing or two.
Any idea how FrontPoint Partners has performed this year? They definitely got the call right.