Behind the Wiz of Oz's curtain - a major factor in the Financial Crisis

[Mike Kennedy]

.....theoreticians with little or no REAL-WORLD experience....... owned by the Players who own "the game" .......... (kinda like Dodd-Frank). Goldman Sachs corp slogan should be "incest IS best".

http://chronicle.com/article/Larry-Summersthe/124790/

 

[Workbox]

I still wonder why folks like Summers are not in jail? Or why America is not up in arms at this very moment?

 

[Calvin the Airedale]

Thanks for posting this Mike. I can't wait for the documentary to come out.

 

[GCJim]

Fantastic article, Mike!
Can't wait for the documentary!

It goes a long way in describing how small of a world it really is, at the top, in the worlds of government and finance, and now, academia. (smaller than I ever realized). The unfortunate gist of it is the massive conflicts of interest and collusion allowed to exist, ultimately to line the pockets of the powerful at the expense of the rest of us.