DIGITAL AGE - Meltdown: A Digital Phenomenon? - John Cassidy - Oct 12, 2008
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Uploaded by goodaletv on May 5, 2009
Is the financial crisis a product of a new digital world? Did the speed of digitally connected markets contribute to the debacle? Did senior management understand the complex nature of computer generated derivatives traded by junior traders or is it just a matter of greed and easy credit? With John Cassidy of The New Yorker and James Goodale, former Vice Chairman, The New York Times.
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There is no free market, and at least Greenspan atmits it: watch?v=ozD8ojH5PJU
janc71 11 months ago