OUTSTANDING OP, thanks for sharing. The only problem as he alludes to is that you can be 100% right and still blow up before the house of cards inevitably implodes.
Lewis must have read et first. Pabst pointed out the core point of the article weeks ago. Wall street firms going public was a disaster.
cool i did a radio show with his ex--k*te boh*er-- back in the late 1990's. he is truly a gifted writer! surf ps. have you read "the money culture"? his piece on amex was almost psychic.