First, welcome to our new blogsite and thanks for visiting.
Michael Lewis – author of the classic Liar’s Poker
and the recent The Big Short – has a keen eye for spotting misbehaviour on Wall Street.
In this interview with CBS’ Katie Couric, he talks about the lawsuit against Goldman Sachs, the “pollution in the financial system” and how the system as it is structured now no longer serves the good of society. No surprise – he’s also in favour of the US’ financial reform bill to regulate the sector.
His interview – about 10 minutes long – is well worth watching.