Look on the Bright Side

Look on the Bright Side

Five reasons to give thanks for the financial collapse of the decade.

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  • Michael Lewis is a Bloomberg columnist and author, most recently, of The Blind Side.
(Wall Street photo by Donovan Reese)

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Submitted by Steve C. on Fri, 09/19/2008 - 4:42pm.

the bright side

"First, let's kill all the lawyers...no, wait! First, let's kill all the ratings agencies...no, wait! Oh Crap! they're all out of range now! Arrrrgh!
Did anyone notice that the courts just got around to finding that Charles Keating can't be personally held responsible for the Savings and Loan bailout, from, what was it, the 1980's? I'm guessing the silver linings have already left the country.
Steve C.

Submitted by lbsterling on Fri, 09/19/2008 - 5:48am.

best line

I was partial to "A lot of attractive office space seems to be opening up in midtown Manhattan"

This was time well misspent.

Submitted by ghostdan on Fri, 09/19/2008 - 1:04am.

Quotes

"Bail out that one. No! Not that one -- the other one!'' is a classic, right up there with "Ready! Fire! Aim!", which is probably what most of them have been doing in this last week anyway.

Submitted by dcmovin on Thu, 09/18/2008 - 12:54pm.

great article

very informative.. gave me a new perspective.