Sharing news and commentary about education, careers, investing, and life.

Sharing news and commentary about education, careers, investing, and life.

Tuesday, February 5, 2008

EI: "Disasters"

A strong piece from the New Yorker on the price we pay for innovation. Money quote:

The situation illustrates a fundamental paradox of today’s financial system: it’s bigger than ever, but terrible decisions by just a few companies—not even very big companies, at that—can make the entire edifice totter.

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