Playing Catch-up

Between travel and a Richter 7.8 sinus infection, I’ve fallen behind a bit. Going back to 10 March, I heartily recommend, from the Financial Times (p11), “Lost Through Creative Destruction.” One quote, from Gillian Tett: “Greed, fraud, cheap money, managerial failure and lax oversight all played a part in bringing about the crisis—but at its heart was the complexity and opacity of modern finance.”

The analysis is superb.

Tom Peters posted this on March 16, 2009, in Markets.
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