AIG

Michael Lewis has a new piece out in Vanity Fair on how A.I.G. managed to end up insuring so many subprime mortgages.

The article is called "The Man Who Crashed the World," and it is definitely worth a read.

Also, if you haven't read it yet, Matt Taibbi's scathing Rolling Stone article on Goldman Sachs, "The Great American Bubble Machine" is a must.  (And his vampire squid image seems to be a lasting one).