Between travel and a Richter 7.8 sinus infection, I've fallen behind a bit. Going back to 10 March, I heartily recommend, from the Financial Times (p11), "Lost Through Creative Destruction." One quote, from Gillian Tett: "Greed, fraud, cheap money, managerial failure and lax oversight all played a part in bringing about the crisis—but at its heart was the complexity and opacity of modern finance."
The analysis is superb.
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.