Matt Taibbi\’s Great Squid Hunt | | AlterNet

The epic failure of America\’s financial system in 2008 was, among other things, a sobering gloss on the American romance with technical expertise. The tidal onrush of securitized debt that kept the housing bubble afloat was more than the simple byproduct of decades of deregulation in the nation\’s financial sector; it was also the handiwork of a new generation of market analysts known as the Quants.

via Matt Taibbi\’s Great Squid Hunt | | AlterNet.

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About civilitasnovus

Political junkie
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