Articles Posted in financial crisis

The Superintendent’s panel at EdNet this week featured a discussion about education reform that was like a cold bucket of water to the face. The Supers were teaching us about inertia, the tendency of objects to maintain their current state. As Newton himself put it: The vis insita, or innate…

This short video chronicles the rise of credit default swaps and the subsequent impact on the financial industry better than anything else I’ve seen. Through financial engineering – not value added – the Wizards of Wall Street were able to create a financial black hole that ultimately – well watch…