Watch out, Washington, D.C.
The administration of President Donald Trump, as well as Beltway politics in general, may have fallen in the crosshairs of a relentless researcher and investigative journalist: Michael Lewis.
“I’m doing nothing but thinking about it,” Lewis said on Thursday while addressing the 2017 Morningstar Investment Conference in Chicago. “The story is even better than I thought.”
The early days of the Trump administration could end up receiving the same scrutiny Lewis gave Major League Baseball in his 2003 book “Moneyball,” traditional financial firms in 2010’s “The Big Short” and high-frequency traders in 2014’s “Flash Boys.”
Lewis said that Trump’s administration is struggling because of a lack of knowledge on the part of the president, his staff and his cabinet.
Source: FA Magazine