All Fall Down

I spent Sunday afternoon brooding over a great piece of Times reporting by Eric Dash and Julie Creswell about Citigroup. Maybe brooding isn’t the right word. The front-page article, entitled “Citigroup Pays for a Rush to Risk,” actually left me totally disgusted.

Why? Because in searing detail it exposed — using Citigroup as Exhibit A — how some of our country’s best-paid bankers were overrated dopes who had no idea what they were selling, or greedy cynics who did know and turned a blind eye. But it wasn’t only the bankers. This financial meltdown involved a broad national breakdown in personal responsibility, government regulation and financial ethics.

Read the Full Article

New York Times Articles

Thomas Friedman is the "Foreign Affairs" columnist for The New York Times. Below are links to articles and other content on their site (registration required).


Other items of interest:

Hot, Flat, and Crowded
With the #1 bestseller The World Is Flat, he helped millions of readers see and understand globalization in a new way. Now Thomas L. Friedman explains how America can lead the green revolution in the 21st century.

Now on LinkedIn

Ideas from Chapter 18:

Mark M. wrote ""Standard of living" should..." in The Great Disruption Saturday, 07:02 am
Ed Kuipers wrote "Well Tom, We need those..." in What to Do About the Big Three? Wednesday, 06:29 am
Ed Kuipers wrote "Sobering thought! A car cost..." in Where's the Price Signal? Wednesday, 06:32 am
Ed Kuipers wrote "For Neil Ashton, Diesels are..." in Without a Price Signal... Wednesday, 05:19 am


Join the Mailing List:

To be notified about news, events and upcoming announcements regarding Hot, Flat and Crowded, please join our mailing list.