Monday, July 13, 2009

Michael Lewis: The Man Who Crashed the World

An excellent an easy, quite fascinating piece on the unit at the center of the financial crisis and sub-prime meltdown, AIG Financial Products.

The hubris is unbelievable, but what actually happened compared to what the mainstream media has reported is even more interesting. For sure, this is not a full accounting, but its a good account.

Scott Dauenhauer CFP, MSFP, AIF