This is a little late, but we just passed the one-year anniversary of the pinnacle of the financial crisis: the Lehman failure.  This milestone prompted an excellent article in The New Yorker by James B. Stewart, titled “Eight Days.” It is an extremely well-sourced, inside look at the day-to-day activities during the collapse of Lehman Brothers Holdings, Inc.

I came away from it with not so much a revelation, but more of a confirmation of something I had thought several times before.  A thought that was wildly unpopular during this time frame: Thank god for Henry Merritt Paulson, Jr. and Ben Shalom Bernanke.

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