Courtesy of Jaime Falcon.
I will be posting and tweeting from Barry Ritholtz’ Big Picture Conference (available via live stream) tomorrow. Ritholtz wrote Bailout Nation, which is a fantastic book about how this country went from being a meritocracy (more or less), to a nation that uses taxpayer money to bail out people who run their companies into the ground – if they are powerful enough and if they give enough money to politicians. He is very vocal about crony capitalism, the fraud in our financial sector, and just how compromised many of our leaders are. Do check out his Big Picture Blog; it is quite possibly the best economics and finance blog on the planet. If you want to read/listen to some of his cutting analysis, I highly recommend checking out this and this.