All projects: Gel, Jobs, Good Todo, Games, Uncle Mark, Blog, Bit Literacy
Madoff scandal indicative of Wall Street's larger Ponzi scheme, says NYT's Krugman. He's right. The best investing book I've ever read is Unconventional Success, by Yale's investment manager, David Swensen. In it, he clearly lays out the customer-hostile practices followed by many mutual funds, the mostly powerless SEC, and other actors. And he published this in an up market, in 2005.
See also: Notes on the financial crisis, and Greenspun's take

