07 October 2008

Wall Street's Shadow Market: "Criminal Neglect and Incompetence"

A twelve minute video segment in which Steve Kroft of 60 Minutes looks at some of the arcane Wall Street financial instruments that have magnified the economic crisis.

"Criminal neglect and incompetence" says Jim Grant.

"Just another wash and rinse from the Other People's Money crowd" says Jesse. "Being a narcissistic sociopath means never having to say you're sorry."