25 People to Blame for the Financial Crisis

(www.time.com/ritholtz.com) There is a strange and strangely interesting list of people to blame for the Financial crisis from Time magazine. It is quirky and odd and in more than a few places, misguided and ignorant.

Despite its deep flaws (and revealing ignorance), it is still kinda interesitng.

I normally don’t link to this sort of click bait — you must click thru each individual adding 25 phoney page views in an obnoxious attempt to improve traffic readings — but there is this interesting variation: Readers get to vote on each culprit. Surprisingly, they move Clinton, Bush and Greenspan way down the list.

A few strange issues with the list: Why is Bernie Madoff here? He is a common thief (perhaps uncommon thief given the amounts he claimed to have stolen) but he had nothing whatsoever to do with the Financial crisis afflicting the global economy. What journalist would add him to the list of causes of the crisis? (Strike that moron from your reading list).


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