Michael Lewis on GPS

Fareed Zakaria interviewed Michael Lewis on GPS last Sunday. It’s one of the better takes on the underlying dysfunction of our financial system that I’ve heard.

Fareed sits down with author Michael Lewis to discuss the economic crisis. In his best-selling book “Liar’s Poker,” Lewis chronicles his days as a bond salesman at the investment bank Salomon Brothers, where the idea of the ‘mortgage-backed security’ was invented. Lewis talks to Fareed about the roots of the current crisis and the future of Wall Street.

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