I love this sub-prime mortgage mess.
Every day, some new dimension to the crisis emerges and drags yet another corporate governance failure into the harsh light. All of America is whirling in a vortex of unhappy shareholders, fired CEOs, sputtering congressmen, strangely named financial instruments, and, of course, lawyers. For purveyors of news about risk management, fraud, financial reporting, and corporate regulation, it really gets no better than this.

