Tuesday, May 24, 2011

Too Big To Fail

Watching “Too Big to Fail” is an excellent reminder of both what a plum-insane policy TARP was, and why a bunch of very not-insane people eventually coalesced around it. The film — an HBO adaptation of Andrew Ross Sorkin’s celebrated history of the crisis — does an extraordinary job dramatizing the almost comical thought process that led to pretty much every intervention we attempted

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