Thanks for asking.   I wonder the same thing. 

 

REH

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Sally Lerner
Sent: Tuesday, May 07, 2013 3:27 PM
To: [email protected]
Subject: [Futurework] Liar's Poker

 

I've just reread Liar's Poker--mainly because I enjoy Michael Lewis' humour
so much--and am wondering if any of our resident learned economists (you
know who you are) can explain how what happened (e.g. re mortgages) in the
'80s was allowed to happen all over again 20-25 years later.

Just asking...  Sally

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