From Newsweek columnist Dan Gross's hot new E-book.
| Position | Off the News |
From Newsweek Columnist Dan Gross's Hot New E-book:
"In fact, it was now clear that because of the way the system was designed, losses and failures could only create massive, widely distributed losses. The disaster was not a bug, but an inevitable feature of the financial operating code former Federal Reserve Chairman Alan Greenspan had helped write."
[ILLUSTRATION OMITTED]
"In the second half of 2007, a vicious new malady--Erect Deal Dysfunction--began afflicting middle-aged men who lived on the Upper East Side...
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