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Paul Barrett of Business Week reviews McLean and Nocera's new book on the financial crisis; "All the Devil's Are Here." The title takes a line from The Tempest- "Hell is empty. All the devils are here." McLean and Nocera focus on securitization, the credit-ratings that were improperly given, and the chicanery of bankers, mortgage issuers and others behind the idea that every American should be able to have a home. Attention is also focussed on the loose monetary policy of the Greenspan era, with Greenspan airily dismissing all concerns, including concerns about the growing trade deficit with China. Barrett asks, what about the future? Barrett says the Bernanke easy monetary policy risks making the mistake a second time, and in all probability the devils will be coming back again in some other form.

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Mauricio Pochettino played for PSG at one time. The Argentine soccer player is now coach for France's PSG as it takes on Manchester City in the semi finals of the Champions League. Pochettino talks about his years as a player and then a coach in this interview in The Times. He says nervousness as a coach never bothered him as he was always so absorbed by the game and the players, and it could be a bit genetic too.

He was not active as a coach for a year after his departure from Tottenham Hotspur. Today he is seen as an effortless manager, with a natural disposition for the sport and a developer of talent.

There is an emotional attachment because he was close to PSG. "We took the decision because of our heart, not because whether it was the right moment to arrive in Paris or not," he says. "Now after 3 months we leave a very, very tough period."

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The British House of Commons voted on December 7, 2016, to commit the UK to trigger Article 50 for leaving the European Union by end of March 2017. The vote was 461 for and 89 against.

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Bill Clinton, says about his foundation, in talking to voters in Detroit- " all we have done is save lives. If creating jobs and saving lives is bad, I guess you can zing me with it." He told another crowd in Durham, N.C, that he was tickled by Trump's comment that the Clinton Foundation was a "criminal enterprise." The criticism of the foundation hurts Mr. Clinton because of the lifesaving work it has done for AIDS, malaria and saving lives. The Clinton Foundation made the error of taking donations from overseas in the zeal for donations, which gave some critics an opportunity to smear the foundation. Another error was not to strictly separate the work of Bill Clinton from Hillary's work at the State Department. Even though in its activities it has been exceptional in its work. In poor countries like Haiti it has helped people overcome poverty. On one achievement alone the Foundation's work is exceptional- bringing HIV/AIDS medication at affordable prices to 11.5 million people in 70 countries. It has also worked to reduce obesity among American school children, and improved lives through its health initiative, including lives of farmers in African countries. George W. Bush did exceptional work in Africa for AIDS/HIV. Clinton's activities continue an American tradition of helping people in Africa's poorest regions.  In this case the funds raised aggressively by Bill Clinton during speeches, were used to save lives or improve lives. This has been lost in the criticism of the Clinton foundation, as if the good work done by George W. Bush for AIDS in Africa can ever be fairly diminished in the slightest way by criticism of the Bush family. ...

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Japanese homes from 14th century declared national treasures. These homes belong to powerful farm families when most of Japan was an agricultural society. Also listed in a lighthouse made of steel from the Meiji era, in Sado, Niigata Prefecture. It is Japan's oldest operational lighthouse made of steel. 

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The closing of Toyota's Nummi plant in Fremont, California. This affects 4700 Nummi jobs and in all tens of thousands of jobs including those at suppliers to Nummi.