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Island Investing

Riffs, rants, and the upside of investing from way off Wall Street

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This Week’s Sign the Lunatics are Running the Asylum

Here’s a link to the latest from Matt Taibbi, once again confirming that the best investigative journalism in finance these days can be found in the pages of…wait for it…Rolling Stone.

Vanity Fair also continues to show the white shoe mags how it should be done – although you can skip the first few pages of Michael Lewis’ latest article on Germany. He seems a bit too obsessed with, er, things I do not care to know more about.

In any case, here is Taibbi’s latest:

“Is the SEC Covering Up Wall Street Crimes?”

Spoiler alert: the answer is “Sure seems like it.”