EDITORIAL HIGHLIGHT

ISSUE DATE -

April 14, 2008

COVER STORY: -

What’s Wrong with Wall Street - and How to Fix It
Investment banks loved risk, leverage, and high pay.
The government will help clean up the subprime mess, but redemption won’t
be easy.


Other Features:
- Maybe the Sky is Falling - The big banks’ fear of big losses threatens to
bring down the system. What can we do?

- The Last Days of Bear Stearns - It took just a few days, a rising sense of
panic-and a critical e-mail-to spell the end of the 85-year-old investment bank.

- Fear of a Black Swan - Why Wall Street fails to anticipate disaster: A trader
turned scholar and essayist has explored the ways people misunderstand randomness
and risk. A conversation with Nassim Taleb.

- The Fortune 500: VF Corp. - How a century-old apparel firm succeeded in
supercharging itself.

- C-Suite: The Colvin Interview - Fortune’s Geoff Colvin talks with Robert
Nardelli, Tom LaSorda, and James Press, the top management of Chrysler.

- John Deere’s Farm Team - Cheaper Deere tractors that were designed in India
for use there are selling well in the U.S. too.