Wednesday, March 17, 2010

Daily Show


Tonight's episode had Aasif Mandvi try to interview Health insurance executives at one of their meeting but he kept getting blocked by security so he tries to sneak back in, in disguise. First he's Senator Mandvi and demands entrance, then Uncle Moneybags, then Batman, each costume more ridiculous than the last but all to no avail. He wasn't getting in but it did look like he was amusing the security guards.

Jon's guest was Michael Lewis, author of The Blindside and Moneyball. His new book "The Big Short: Inside the Doomsday Machine" is out and details how a few investors saw the current financial meltdown coming and were able to make a profit on it. in fact one guy with a glass eye and Asparger's made a billion dollars betting that the economy would crumble. This of course begs the question, if one guy could see it, why not all the others? Michael said the answer might be that the big banks had gotten so good at hiding their bad assets that they had fooled themselves into believing their own lie. Pretty good interview that made a very difficult subject easy to understand.

No comments:

Post a Comment