The End Michael Lewis

Discussion in 'Wall St. News' started by just21, Nov 11, 2008.

  1. EPrado

    EPrado

    Too funny...was about to post the same thing. First time Surf and I agree on ANYTHING.
     
    #21     Nov 11, 2008
  2. UFC

    UFC

    Great article!
     
    #22     Nov 12, 2008
  3. Very good article. Love Liars Poker
     
    #23     Nov 12, 2008
  4. RedDuke

    RedDuke

    Great Article. Read it last night. He might even write the book about this whole mess.
     
    #24     Nov 12, 2008

  5. :D
     
    #25     Nov 12, 2008
  6. Best, and most unfortunate quote by J.G.: “It’s laissez-faire until you get in deep shit."
     
    #26     Nov 12, 2008
  7. My only wish from the fantastic article was that Lewis outlined what happened to Eisman - how did he fair? He said he was "net short" which implies some long exposure, but what was the outcome?
     
    #27     Nov 12, 2008
  8. I've only read Liar's Poker a number of years ago and a few of his articles.
     
    #28     Nov 12, 2008
  9. 'The End'

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    #29     Nov 12, 2008
  10. And yet Greenspan had the balls to sit in front of Congress last month and tell us all that he had assumed that . . .

    1. Real Estate markets were LOCAL markets and would never effect the National Economy.

    and

    2. Financial institutions would always seek to protect their equity.


    Does he really expect us to "buy" all that???
    Unbelievable!
     
    #30     Nov 12, 2008