Time magazine has again demonstrated its irrelevance in the Internet age with a fatuous feature called 25 People to Blame for the Financial Crisis. The failure here is two-fold: One, the editors choices of whos to blame, and two, the reader poll ranking those choices. Lets start with whos on the little list or more to the point, whos not. Time did an OK job of unearthing lesser-known names who definitely bear some culpability in the disaster such as AIGs Joe Cassano, who did much to unleash the nightmare of credit-default swaps. But how can anyone take this … Continue reading I Have a Little List
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