“People aren't pissed just to be pissed. They're mad because a tiny group of crooks on Wall Street built themselves beach houses… — Matt Taibbi Copy Share Image
“By early 2005 all the big Wall Street investment banks were deep into the subprime game. Bear Stearns, Merrill Lynch, Goldman Sachs,… — Michael Lewis Copy Share Image
“Long Beach Savings was the first existing bank to adopt what was called the “originate and sell” model. This proved such a… — Michael Lewis Copy Share Image
“Back in July 2003, he’d written them a long essay on the causes and consequences of what he took to be a… — Michael Lewis Copy Share Image
“Where to find the borrowers with high FICO scores? Here the Wall Street bond trading desks exploited another blind spot in the… — Michael Lewis Copy Share Image
“It is ludicrous to believe that asset bubbles can only be recognized in hindsight,” he wrote. “There are specific identifiers that are… — Michael Lewis Copy Share Image
