Tuesday, March 16, 2010

Michael Lewis has been a favorite of mine since "Liars' Poker"

Some might object that he lets the banksters off the hook by pointing out how bloody stupid they are.  But he HAS a point--for all their brash arrogance, the folks on Wall Street are a bunch of thieves because they lack the talent to do something useful.  Try imagining Lehman Brothers mega-crook Dick Fuld designing a wind turbine gear box or something equally difficult and you can understand what Lewis is talking about. (Sorry about the Lipitor ads but this IS CBS)

Watch CBS News Videos Online

Watch CBS News Videos Online

And even better--Lewis on the Daily Show

The Daily Show With Jon StewartMon - Thurs 11p / 10c
Michael Lewis
Daily Show
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