"We have a simple thesis. There is going to be a calamity, and whenever there is a calamity, Merrill is there."

Jesse Walker | November 28, 2008

Been meaning to link to this one for a while: Michael Lewis, author of the entertaining Wall Street memoir Liar's Poker, finds a good vantage point from which to view the crash -- through the eyes of the investors who were smart enough to short virtually everything.