A while back, I recommended that everyone slog through all nine pages of Michael Lewis' amazing
dissection of Wall Street idiocy on Portfolio.com.
I know that many of you did not have the time.
Fortunately for you, Thomas Friedman at NYT has boiled it down into
one hair-raising page. Please give it a read. (Note: though this is the same Friedman for whom the six-month interval in Iraq is named, he's a good source on other topics).