{"id":1079,"date":"2008-11-12T10:28:55","date_gmt":"2008-11-12T14:28:55","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=1079"},"modified":"2008-11-12T10:28:55","modified_gmt":"2008-11-12T14:28:55","slug":"michael-lewis-the-end-describes-the-subprime-mess","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2008\/11\/12\/michael-lewis-the-end-describes-the-subprime-mess\/","title":{"rendered":"Michael Lewis – ‘The End’ describes the subprime mess"},"content":{"rendered":"

In the late 1980’s, Michael Lewis left his job as a bond trader at Salomon Bros. and wrote ‘Liar’s Poker.’\u00a0 The book was an eye-opening description of fast-paced life at one of the world-renown Wall Street firms.\u00a0 Included was a portrayal of John Meriwether’s fabled ‘arb group’ which eventually spun off to form Long Term Capital Management.<\/p>\n

The End<\/a> (Portfolio; Nov. 11, 2008) is Lewis’s lucid and scary description of the subprime mortgage and CDO market debacle. The article is long but is well-worth your time. Lewis is a marvelous story-teller.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the late 1980’s, Michael Lewis left his job as a bond trader at Salomon Bros. and wrote ‘Liar’s Poker.’\u00a0 The book was an eye-opening description of fast-paced life at one of the world-renown Wall Street firms.\u00a0 Included was a portrayal of John Meriwether’s fabled ‘arb group’ which eventually spun off to form Long Term […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[167],"tags":[],"class_list":{"0":"post-1079","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-richardhsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=1079"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1079\/revisions"}],"predecessor-version":[{"id":1081,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1079\/revisions\/1081"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=1079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=1079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=1079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}