Description: This article was adapted from “Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon,” by Gretchen Morgenson, a business reporter and columnist for The New York Times, and Joshua Rosner, a managing director at the independent research consultant Graham Fisher. The book is to be published on Tuesday by Times Books.

Source: NYTimes.com

Date: 05/21/2011

Link: http://www.nytimes.com/2011/05/22/business/22excerpt.html?ref=business

Questions for discussion:

• Summarize the thesis of the article.
• Are there items you agree or disagree with?
• What lessons should be learned from this period?