A Great Account of the Fall of Wall Street

Soon, I’ll have a couple of other blogs up and running — one for RentBeep, to be sure, and one for IncrediblyGreat.com (the ironically named web strategy/design/build shop under which I sometimes do work and/or favors for friends).

But until then, this one will have to serve as a little bit of a catch-all.

For posts like this one, for example.

In 1989, Michael Lewis wrote the non-fiction, semi-autobiographical book Liar’s Poker. The book described Lewis’s experiences as a bond broker in the 1980s. Despite excellent reviews, I’ve not read it. Maybe someday.

I have, however, read Lewis’s excellent Portfolio piece, “The End,” about the current financial collapse. “The End” nominally profiles hedge fund trader Steve Eisman. Eisman first called bullsh*t on Wall Street’s shenanigans years ago, even as he leveraged his superior understanding into millions in profit.

If, like me, you lack a deep understanding of why the dominos fell (and keep falling), read it. Now. And enjoy the righteous rage.

• Portfolio: The End
• Wikipedia: Liar’s Poker