I know the conventional wisdom is to dismiss Sen. Blanche Lincoln's effort to regulate derivative trading as an empty and cynical political ploy. For something so empty, the Wall Streeters sure have worked up a mad-on about it.
Anyway, Michael Lewis, who knows a thing or two about the Street, gives Lincoln a shout-out in a tongue-in-cheek take on the securities industry's desperate effort to preserve the profitable status quo. He detects a little of the same sexism that I see in this issue. How could a little ol' gal know anything?