Simon Johnson's tour de force on financial sector's capture of the US administratin

This is a must read: http://www.theatlantic.com/doc/200905/imf-advice

I agree with practically everything that Johnson says. It wil be extremely hard to change the way the financial sector works without a forceful state intervention, including nationalization.

Martin Wolf from FT also noticed the article: http://www.ft.com/cms/s/0/09f8c996-2930-11de-bc5e-00144feabdc0.html