Since the beginning of economical crises I have been wondering for a while where did it start? Why investment banks start bundling the mortgages and selling it as products and bonds?
Here is a unique interview of Michael Lewis by CNN's Fareed Zakaria, he talks to 'Liar's Poker' author Michael Lewis about the economic crisis and future of Wall Street.
"Liar's Poker" tells the tale of Lewis's days at the now defunct firm Salomon Brothers, where mortgage-backed securities -- the fuel for the fire of the current crisis -- came from. "Home Game" chronicles his life as a father. Don't forget Father's Day is coming up!
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