This morning on CNBC my friend Jim Cramer had a truly impassioned harangue of the banks, SEC, and mortgage insurers. Definitely a must-watch.
Along the way, Cramer makes — in his inimitable way — a book pick. You have to love anyone who can be going off on the mono-line mortgage insurers, and then do a mid-sentence pivot to recommend John O’Hara’s classic Appointment in Samarra novel from 1934. One of a kind.