Pointing fingers of blame can be unseemly and unproductive. Following the sheer magnitude of the financial crisis ignited by J.P. Morgan's creation of a new kind of investment product credit derivatives in the early 1990s, Financial Times journalist Gillian Tett's narrative Fool's Gold is a welcome and engaging read.
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'Fool's Gold' blazes trail of understanding on credit crisis (USA Today)
Posted by mortgage 1070 days ago (Editorial)
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