Thursday, November 11, 2010

Two financial articles from The Atlantic

  1. Why Wall Street Always Blows It
    The magnitude of the current bust seems almost unfathomable—and it was unfathomable, to even the most sophisticated financial professionals, until the moment the bubble popped. How could this happen? And what's to stop it from happening again? A former Wall Street insider explains how the financial industry got it so badly wrong, why it always will—and why all of us are to blame.
    by Henry Blodget (December 2008 ATLANTIC MAGAZINE) link
  2. The Great Stock Myth
    Why the market’s rate of return—and your nest egg—may never recover
    By Megan McArdle
    Business September 2010 ATLANTIC MAGAZINE link

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