Lots of disturbing, horrifying, and bizarre facts out there about the state of the financial services sector of our economy.
One of my all-time favorite writers, Michael Lewis, has a great piece on AIG in Vanity Fair.
Much more controversially, Matt Taibbi, in Rolling Stone posts a searing indictment of uber-bank Goldman Sachs. Almost must read.
The past year in the banking sector (based on the actions over the past decade+) has had a truly stunning impact on our country. Likely, we’re going through a history-shaping event. It’s why I’m shocked at how what has gone on has been out of the public spotlight. I hope to see more in-depth reporting coming out soon on the role lobbyists, PAC’s, and financial firms themselves played in this national nightmare.