Wall Street Lays Another Egg: Politics & Power: vanityfair.com
If, like me, you want to try and understand what’s going wrong with the financial markets but are confused by credit default swaps and your eyes glaze over at the mention of securitised debt obligations, then I heartily recommend this piece by British historian in Vanity Fair. Extraordinary events explained in plain English.
For more of Ferguson’s erudite work, visit his site: www.niallferguson.com