peHUB Second Opinion 10.14
Calvin Trillin: Smart guys caused the financial collapse. "When the smart guys started this business of securitizing things that didn't even exist in the first place, who was running the firms they worked for? Our guys! The lower third of the class!" (NYT) RIP: Bruce Wasserstein has died. (WSJ) Taking Credit: David Rubenstein admits that private equity played a role in the crisis. Easy to say now that, according to him, private equity is "back." (WaPo) Just for Fun: Anyone out there need a chart intervention? (Economix) Just so you know: Anthropologists (one, at least) think the modern man is a wimp. "Any Neanderthal woman could have beaten former bodybuilder and current California governor Arnold Schwarzenegger in an arm wrestle." (Reuters)
