Quants: The Alchemists of Wall Street

Created on Friday, 10 December 2010 18:29

Quants are the math wizards and computer programmers in the engine room of our global financial system, who designed the financial products that almost crashed Wall st. The credit crunch showed how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behavior. Now the quants are at the heart of yet another technological revolution in finance: trading at the speed of light.

 

What are the risks of treating the economy and its markets as a complex machine? Will Wall Street be able to keep control of this model-based financial system or has it created a monster?

Super Rich: The Greed Game

Created on Wednesday, 28 July 2010 20:58

In the aftermath of the credit crunch and a global economic crisis, Robert Peston reveals how the super-rich made unfathomable fortunes and who is left to pick up the bill.

 

Fiat Empire

Created on Wednesday, 25 March 2009 18:43

Watch this award-winning film to find out why the Federal Reserve's practices are a violation of the U.S. Constitution, and why many feel it's "a bunch of organized crooks." Discover why even experts agree that the Fed is a banking cartel that benefits mainly bankers and their corporate clients, as well as a Congress that would rather unilaterally increase the national debt than ask citizens how THEY would like to see tax revenues allocated.

Find out how the media facilitates the partnership between the Fed and Congress and why it fails to fully disclose what's going on.

Lastly, find out how the Federal Reserve Member Banks are owned and controlled by a small group of insiders, who use fiat money to fund their agenda and seem to be moving the United States further from its founding principles towards endless bailouts and bankruptcy.

 

The Day The Dollar Falls

Created on Friday, 27 March 2009 20:10

In this 2005 documentary VPRO Backlight (a Dutch television program) and a Dutch national newspaper, present a what-if scenario for the day the dollar collapses. Fiction meets facts in this 24-hour scenario. At 9AM a Singapore trader is ordered to sell a large amount of dollars which starts the downfall of the currency and this film shows the results for the world economy every following hour.

It ends in Amsterdam, where the only form of payment accepted by a taxi driver is cigarettes…

It's highly likely that history will catch up with this documentary, albeit in slow-motion.