Frontline The Untouchables

Frontline has a new series on how no Wall Street Executives found a prison cell their new lavish quarters after the mortgage debacle.  The only missing thing from this series is the role of the US Congress and how they built the incentives into the system to reward this behavior.  There is really good paper by the economist Russ Roberts that explains this.  It’s called Gambling with Other People’s Money.

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