“Black Barts not black swans”
“Wall Street perpetrated a massive fraud on the American taxpayer.”
“Value-destroying financial meth labs.”
Janet Tavakoli, author of Dear Mr Buffett, is pretty straightforward. This crisis was created by Wall Street and it’s perpetrators should be shunned — not rewarded with government-sponsored bailouts. For some very strong opinions to mull over the weekend, watch the interview below.
(HT the FT’s Paul Davies)
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Ripped from the headlines – NakedShorts