|
|
|
|
|
by foomarks
5870 days ago
|
|
I started reading this too, and did some tangential reading along the way. I'd hate to be in the same room as 2010 Lewis and 2007 Lewis: "But the most striking thing about the growing derivatives markets is the stability that has come with them. More than eight years ago, after Long-Term Capital Management blew up and lost a few billion dollars, the Federal Reserve had to be wheeled in to save capitalism as we know it." http://bit.ly/cg9H6w Also this fun one from Janet Tavakoli: "I was in the Salomon Brothers' 1985 training class that Michael Lewis lampooned in his amusing book, Liar's Poker. Imagine my surprise to see him billed as a trader on 60 Minutes, since he was actually a junior salesman. Well-heeled male peacocks strutted the trading floor, and junior salesmen were girlie-men, mere eunuchs serving their pashas." http://huff.to/9pclUR |
|
JT: http://www.youtube.com/watch?v=WA20Am0pwtA ML: http://www.youtube.com/watch?v=x387_k963yY