April 2009: Liar's Poker: Rising Through the Wreckage on Wall Street (Lewis)

Post date: Jan 07, 2010 10:54:1 PM

Thanks to Ros for hosting our third economics-themed book discussion on the warm, summery evening of Tuesday, April 21, 2009. Around ten of us circled her living room and shared what we knew of how economics works, the policies and politics, from how Sarbanes-Oxley means well but makes things difficult for companies to observations about the banking and mortgage industries.

Additional reading, if you're interested (thanks, Mimi!):

• • Great "illustrated" version of an explanation of the current economic crisis: http://discuss.epluribusmedia.net/node/2730

  • Reference explaning the historic steps to our current deregulation: http://www.ma.utexas.edu/users/zariphop/pdfs/ProtterTheFinancialMeltdown.pdf

  • Interactive explanation of a CDO (collaterized debt obligation) http://www.portfolio.com/interactive-features/2007/12/cdo