[ExI] How do we construct workable institutions and ethical behaviors?

Kelly Anderson kellycoinguy at gmail.com
Tue Dec 13 06:11:49 UTC 2011


2011/12/11 Darren Greer <darren.greer3 at gmail.com>:
>
>
> On Sun, Dec 11, 2011 at 1:31 AM, Jeff Davis <jrd1415 at gmail.com> wrote:
>>
>>
>> I think the issuance of "bad" mortgages came from entrepreneurial
>> Randians (thieves) in the mortgage business, responding to Wall
>> Steet's insatiable demand for "more"
>
>
>
> The only analysis of the whole situation from the financial and government
> end of things I've read, besides the occasional print media piece, is Andrew
> Ross Sorkin's book Too Big To Fail. He helped me understand how the
> sub-prime-mortgage backed securities-default swap scheme almost brought the
> whole system down. The book is  available as an audio file. E-mail me
> directly if you want a copy. It's worth a read, or a listen.

There is also an HBO special by this name. will watch it...

-Kelly




More information about the extropy-chat mailing list