Required Reading by Michael Lewis

The End of the Financial World as We Know It

I disagree with Lewis’s support for subsidizing loans to underwater home-owners, along with his (bizarre) assertion that lenders “who issued second mortgages should be forced to release their claims on [collateral] property.” But for everything else, we’re in perfect agreement.

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This entry was posted on January 4, 2009 at 10:55 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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