Bailout
Lots of good reporting on the current economic crisis this week. The Times reported on the key deregulation by the SEC of the investment banks that let them leverage in some cases 33 to 1. This American Life has been doing great programs trying to explain the financial products that led us into this mess. The best I think is Charlie Rose’s interview with Warren Buffett on Wednesday. There is hardly any Wall St. types left with much credibility, other then Warren Buffett and he does a great job laying out the big picture.