He's Still Got It

Nobody was better at explaining the excesses of the 80s investment banking community than Michael Lewis, in his book Liar's Poker. He's now written an article that does a better job of summarizing the Wall Street collapse than anything else I've come across. Read it now and you'll get to be the smartest person at Thanksgiving dinner, when the subject turns to what's going on with the markets. Happy Thanksgiving, all.