Category Archives: bank regulation

The Big Short, by Michael Lewis: “A smaller number of people — more than ten, fewer than twenty — made a straightforward bet against the entire multi-trillion-dollar subprime mortgage market and, by extension, the global financial system. In and of itself it was a remarkable fact: The catastrophe was forseeable, yet only a handful noticed.”

From The Big Short: The thing Eisman had found was indeed a goldmine, but it wasn’t true that no one else knew about it. By the fall of 2006, Greg Lippman had made his case to maybe 250 big investors privately, and to hundreds more at Deutsche Bank sales conferences or on Deutsche Bank conference calls. [...]
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Catalyze the Creation of Many Jobs in the U.S.? End the Reign of America’s Kleptobankers? The Fledgling Customized-Education Industry is the Best Bet to Do Both, Findings of Top Researchers Indicate.

(This article adapts a two-part series I wrote for popular blog Zero Hedge. An excerpt from this entry has been noted approvingly by Rolling Stone reporter Matt Taibbi. Thanks kindly for any feedback.)
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Merciful reviewers

A Google employee blogs: A fantastic post about disrupting education. Rolling Stone reporter Matt Taibbi “calls out” a comment I left on his blog. The comment excerpts from this blog entry of mine. From After the Frat, a blog: A brilliant idea by Frank Ruscica about how to finally get out of this economic quagmire.
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