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A Look At Wall Street From the Inside
on January 31, 2008
This is a good skewering of the financial world from a woman who was a part of it (Prins is a former director at legendary Goldman Sachs, and, last time I checked, now works for a progressive think tank). My politics aren't nearly as economically left wing as Prins. I tend to think high finance is generally a good thing, but now, especially with the implosion of the of the housing market, takign a hard look at the way this money is made is important.
In this book, Prins focuses on what happened after the deregulation of the energy markets, and how that helped people like Enron do the nasty things they did. The book is a little simplistic in its rendering of good guys and bad guys, but at the end of the day, it is nice to see a left wing critque of wall street done in such a smart way.