POOR PEOPLE ARE SHARKS! Via economist John Schmitt's blog I find this hilarious piece by the inimitable Michael Lewis, who is now a Bloomberg columnist, written from the perspective of a Wall Street trader about the sub-prime crisis. As John says, "The...piece is so dry that some overworked and underpaid anti-poverty advocates in Washington initially thought the piece was for real. Maybe kinda the way that some far rightwingers' first impression might be that Stephen Colbert should be on Fox, instead of languishing away on some obscure cable TV station." Enjoy it here.
--Garance Franke-Ruta