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The End of the Wall Street Casino

http://www.nytimes.com/2010/04/20/opinion/20lowenstein.html?hp

EXCERPT:

“The government would not look fondly on Caesar’s Palace if it opened a table for wagering on corporate failure. It should not give greater encouragement for Goldman Sachs to do so.

Roger Lowenstein is a contributing writer for The Times Magazine and the author of ‘The End of Wall Street.’ ”

‘The End of Wall Street’

By ROGER LOWENSTEIN

Published: March 31, 2010
EXCERPT:

“In the late summer of 2008, as Lehman Brothers teetered at the edge…”


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