How Liar's Poker Explains New York Municipal Finance

Financial 411 regular Greg David writes in the journal Financial History that the fast-money 1980s Wall Street ethos Michael Lewis described in Liar’s Poker lived on through the 1990s and 2000s. Like it or not, David writes, New York City lives from the financial industry.

>>The Securities Industry And New York City by Greg David (.pdf)

Thanks to the Museum of American Finance for Greg David's article