The End Michael Lewis

My only wish from the fantastic article was that Lewis outlined what happened to Eisman - how did he fair? He said he was "net short" which implies some long exposure, but what was the outcome?
 
Quote from marketsurfer:

:) cool

i did a radio show with his ex--k*te boh*er-- back in the late 1990's.

he is truly a gifted writer!

surf


ps. have you read "the money culture"? his piece on amex was almost psychic.
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I've only read Liar's Poker a number of years ago and a few of his articles.
 
'The End'

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Quote from AAA30:

There is a large amount of people on Wallstreet who just want their cut and could give a rats ass about their clients and this is what needs to change.
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And yet Greenspan had the balls to sit in front of Congress last month and tell us all that he had assumed that . . .

1. Real Estate markets were LOCAL markets and would never effect the National Economy.

and

2. Financial institutions would always seek to protect their equity.

Does he really expect us to "buy" all that???
Unbelievable!
 
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