Today Goldman Sachs is the symbol of what is wrong with Wall Street and they make a good symbol.
But the root lies much deeper it lies in the moral compass of those who have decided to make a career on Wall Street.
To understand what I am saying one needs to watch the movie Generation Zero not once buy many times.
The loss of a moral compass and virtue is at the root of this greed.
The missing piece on all this is David X Li and his Manchurian formula that everyone used and no one understood.
- Recipe for Disaster: The Formula That Killed Wall StreetFeb 23, 2009 ... David X. Li, it's safe to say, won't be getting that Nobel anytime soon. One result of the collapse has been the end of financial economics ...www.wired.com/techbiz/it/magazine/17-03/wp_quant?...
- Meet the man whose big idea felled Wall Street - thestar.comMar 18, 2009 ... Former University of Waterloo statistician David X. Li didn't burn down the American economy. He just supplied the matches.www.thestar.com/business/article/604033 - Canada -
- Meet David X. Li and the formula that killed Wall Street ...Apr 28, 2009 ... So this is the math that's wreaked havoc on the global economy. Wired's got a great story about David X. Li, the Chinese-born mathematician ...cyrusfarivar.com/blog/?p=2087 -
He is now living in China safe from the investigators and hearings in Washington D.C.
Before there was the “Oracle at Delphi” there was Count Vampire J. Machiavelli
No More Schumer, Pelosi, Rangel,Engel, and Arthur Finkelstein & Co
"After Four Years of Scandals it is time for Levy/Faso/Callaghan/Garcia"