A demon of our own design

An interview with Richard Bookstaber

By Andrew Leonard

Published December 20, 2007 3:08PM (EST)

For those who pay attention only to their RSS feeds, the Salon Books section today features an interview I conducted with Richard Bookstaber, author of "A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation." With Bear-Stearns and Morgan Stanley reporting their first ever quarterly losses this week, Bookstaber's comments are timely.

Andrew Leonard

Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21.

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