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Michael Lewis To naive critics this came as just more evidence that the Fed had mistaken the wants of a handful of rich people for the needs of the wider society. The documents and “assets” used as collateral by the Fed include - a vault in the Fed basement filled with young women, who [...] Anna Katherine Barnett-Hart wrote a paper while a student at Harvard that Michael Lewis used as inspiration for his new book, The Big Short. Yes, she’s that good. Clusterstock: We read through it, and what’s great about it is the clear-eyed illustration of how the CDO market metastasized and turned into such an out-of-control monster. [...] Michael Lewis dispels rumors about Goldman Sachs Financial author and former Goldman employee Michael Lewis wishes you to know that all those nasty rumors about Goldman just aren’t true. Really. Rumor No. 1: “Goldman Sachs controls the U.S. government.” Every time we hear the phrase “the United States of Goldman Sachs” we shake our [...] |  | ||||
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