[lbo-talk] Michael Lewis: The 20 years from Liar's Poker to today's meltdown

Michael Pollak mpollak at panix.com
Mon Dec 15 01:10:37 PST 2008


[h/t to Jonathan Schwartz at A Tiny Revolution]

Long but colorful and fun to read, just like Liar's poker:

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom

Also has an interesting conclusion that converting investment banks from partnerships to public companies was a key enabling step.

Michael



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