Shit Explained

Just how hard it was to figure out what Wall Street was doing to the markets prior to the current fiasco is explained in great detail by Michael Lewis over at Portfolio Magazine. He really knows his shit and it took him two years of digging to finally figure it out. The fact that every one of us who was in the "investment" (swindle) field at all was complicit in this true crime of the century, everyone from CNBC to the secretary at Merrill Lynch. There was no way anyone from outside the box could possibly have known the complexity and the true state of the market. Not the SEC? No, they should have known years ago but they did zippo. This is clearly the end of capitalism because nobody in their right mind will ever trust Wall Street again. Until the next time. You cannot know just how dumb these Ivy MBAs really are. Just how blind and how unprepared they all are for the world that requires real thinking. Read the piece. Capitalism RIP.