The New Yorker has two pieces that should be required reading for anyone interested in the global financial mess:
http://www.newyorker.com/arts/critics/books/2009/02/02/090202crbo_books_lanchester
http://www.newyorker.com/reporting/2009/02/09/090209fa_fact_packer
And the NYRB has a brilliant piece that explains everything from ASCP to CDO's:
http://www.nybooks.com/articles/22280
Inexplicably, DW makes no appearance, despite his influence on Obama.
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