If you really want to know why the financial system nearly collapsed in the fall of 2008, I can tell you in one simple sentence.

— From a brilliant — and brilliantly short — op-ed piece by Calvin Trillin in the NYTimes. I’m not smart enough to know if it’s true or not. via Daring Fireball

Comments (View) | Posted 4 months ago | October 14, 2009 |

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