Saturday, March 28, 2009

Financial Wizards

I really enjoyed a recent entry in Paul Krugman's blog:
-
Was I unfair?
A reader writes in to complain about today’s column, in which I compared the supposedly productive activities of financial wizards to the sleight-of hand of stage magicians.
-
As a magician, he resents being compared to investment bankers.
-
-
-
-
-
Link to Krugman's excellent article on Securitzation: http://www.nytimes.com/2009/03/27/opinion/27krugman.html
-

-
-
-
-
-
-
-