PDA

View Full Version : How Wall Street created crisis, then bailed itself out




Howard_Roark
03-15-2010, 09:07 AM
I don't normally post links to things but I've been watching this interview on Bloomberg of Michael Lewis who has done a book on the whole credit crisis and 40 minutes into the interview he just lays bare how Goldman Sachs basically created the crisis and was the one that sold AIG all the credit default swaps.

http://www.bloomberg.com/avp/avp.htm?N=video&T=Michael+Lewis+Interview+on+%60The+Big+Short%26%2 339%3B+&clipSRC=mms://media2.bloomberg.com/cache/vUHzlM3HI8i0.asf