Tuesday, February 28, 2012

Don?t Let Big Banks Hold Us Hostage

Lewis sat down recently with Jacob Weisberg to talk about how history may look back on the period from the go-go ?80s to the crash of 2008 and its aftermath. He predicts future generations will wonder, ?How did you not notice 24-year-olds were being paid $2 million a year who clearly didn?t know anything?? He also gives interesting advice on how to avoid another meltdown: Have financial firms declare themselves either in the advisory business or in the gambling business.

Source: http://feeds.slate.com/click.phdo?i=2922d5bdd5d2494775d782d346891dcb

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