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Michael Lewis on how insanity came to Wall Street

Posted on the April 8th, 2010

The new book on the financial crisis by Michael Lewis is being widely praised as one of the most readable, and also as actually breaking news — see here and here.  “The Big Short” came out last month and you can read the first pages here. Another excerpt is here.

In late March, Vanity Fair editor Graydon Carter sat down with Lewis for an hour-long interview on the topic of his book.

You can find the entire interview in a series of eight short videos here. It’s all fascinating but the final two videos (below) are especially so. In one Carter asks Lewis what he himself would recommend in order to reform the financial sector. In the second, Carter asks Lewis his opinion of President Obama and Treasury Secretary Tim Geithner and what they are doing about financial reform.

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