A great post by NYT business columnist Andrew Ross Sorkin. Even though, it is focused on the Wall Street titans of the "downtown's," their actions have resulted in an unprecedented financial and foreclosure crisis that has directly resulted in the financial mess in cities like Cleveland and many others.
BUSINESS | January 06, 2009
DealBook Column: Eating Crow at a Dinner for Wall St.
By ANDREW ROSS SORKIN
Many heavy hitters on Wall Street, even those who did not get burned badly, should be glad that 2008 is history.