The Big Short

10 Jan 2012 /

What is amazing is not just that people are greedy and prone to engage in ethically questionable activities; the big lesson is how people can reach unimaginable positions of power and essentially be (a) incompetent, and (b) not willing to do even the most mundane and trivial parts of their job.

— Jeffrey Pfeffer, reviewing The Big Short: Inside the Doomsday Machine, by Michael Lewis (quoted on WSJ.com)

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