The Goldman Sachs quant robot has second thoughts

I made this video almost 4 years ago now and just stumbled across it again. It definitely deserves a re-post.  The Liberty and Economics Review was my blog before AgainstCronyCapitalism.org became what it is today, in case you were wondering.

15 comments
Sohan Calebephratah
Sohan Calebephratah

Barely a year removed from the devastation of the 2008 financial crisis, the president of the Federal Reserve Bank of New York faced a crossroads... New York Fed President William Dudley had to answer two questions quickly: Why had his institution blown it, and how could it do better? So he called in an outsider, a Columbia University finance professor named David Beim, and granted him unlimited access to investigate. In exchange, the results were supposed to remain secret.. 2009 08 18 FRBNY Report on Systemic Risk and Bank Supervision Draft http://www.propublica.org/documents/item/1303305-2009-08-18-frbny-report-on-systemic-risk-and.html

Louis C Carl
Louis C Carl

Asked a question. If you don't have an answer no need to get pissy about it, just say you don't know the answer. Nood need to be ashamed

John D'oh
John D'oh

Louis C Carl For your fake outrage...The pathetic reich wing

Louis C Carl
Louis C Carl

Intelligent issue for the 21st century. - If one aspires to higher office must one's spousal selections be restricted to Waffle House waitresses and Starbucks baristas? - I don't know and I really want to.

Billye Martin
Billye Martin

This is misleading because republicans give millions in dark money. They give to pacs too. Seiu is a union but guess who likes this union? Haliburton.

Jess M Rodriguez
Jess M Rodriguez

Now THIS IS a Real Problem!! Going back through ALL presidencies!!! And does need to be addressed... !!

Terence Bell
Terence Bell

$26 million to government from Goldman to political campaigns 60% to Democrats

Charles Hendry
Charles Hendry

Ancient banking empire has dupped humanity into thinking we have to have a global financial system that they get to control?

John Wilczewski
John Wilczewski

wow... prophetic as we see the market breaking all kinds of records while there continue to be no jobs... \;-|