The End of Wall Street’s Boom

Hundreds of articles have been written about the collapse of Wall Street’s giants and the sub-prime mortgage mess. However, THIS article by Michael Lewis is one of the best I have ever read. If you want to read something refreshing, straight to the point and BS-free, this is for you. Michael Lewis tells it as it is – the greed, mediocrity, complacency and sometimes plain ignorance that caused the current meltdown. I was totally impressed by Steve Eisman – the man who was not afraid to ask the tough questions and see the disaster that was looming on the horizon. Great piece.

Hat tip to my buddy, Ivan Karamanolov, a finance wiz at a leading pharma company.