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...pretty much taken care of that with the title alone. His suspenseful blameography reads like a thriller, even though we already know how things turned out. The Sellout traces the arc of Wall Street's ultimate blowup, from the risk-taking free-for-all that began in the late 1970s through the emergence of complex mortgage-backed securities (which Gasparino labels a "financial cancer") to angry laid-off Lehman Brothers employees packing up their desks a year...
...quote--the high-noon drama of the meltdown. When Morgan Stanley CEO John Mack tells Lehman boss Dick Fuld, "There are rumors that you guys are in trouble," Fuld, the "Gorilla of Wall Street," answers with tough-guy bravado, "It's bullshit." Lehman's stock price was soon in free fall...
...getting in its way. As if we're the ones who created the sleazy subprime mortgages and exotic derivatives (graded phony AAA by real capitalists) that blew up the system. It's the standard Forbes canon: government and taxes bad; rich people good. The pair dutifully round up free-market evangelists from Smith to Hayek to Friedman to support their apologia but fail to add any real insight. Capitalism works, all right, but not like this...
...city for as little as $1. And forget the images of desolate bus depots; the post-Greyhound generation of buses often pick up passengers at convenient curbside locations. A bunch of coach lines now compete for fare-surfing customers on BusJunction.com by touting such amenities as power outlets and free wi-fi. Some even show movies...
Eight minutes later, sophomore Jamie Rees was fouled a few yards outside the box. Senior Adam Rousmaniere curled the free kick around the wall and into the bottom right corner of the net to assure Harvard of a spot in the Tournament’s Sweet...