Michael Lewis: Moral failure in the U.S. led to the economic collapse

Celebrated business journalist Michael Lewis joined the Wall St. Journal’s Alan Murray for a discussion about his new book Boomerang. Lewis found at the heart of the economic crisis nothing less than a moral and intellectual breakdown from the very beacons of western civilization. And don’t miss Lewis’ comments on the ‘optimistic scenario’ for how we emerge from this mess:

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The Big Interview (WSJ) 10/7/11