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How Germany fell for Wall Street's con trick

In a visit to Germany, bestselling author Michael Lewis recounts the strange tale of how German bankers lost billions in the credit crunch

Michael Lewis, the bestselling author of The Big Short and Liar's Poker, visits Germany for his latest piece in Vanity Fair on the sovereign debt crisis to find out how bankers from Düsseldorf became "the ultimate patsies in Wall Street’s con game.”

Lewis says that what makes Germany so peculiar is that its bankers behaved with restraint at home but were the opposite overseas as they lost billions in Icelandic banks, Irish banks, US sub-prime backed bonds and Greek bonds: http://vnty.fr/nreKws

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