Mr. Shaman
Senior Member
- May 4, 2010
- 23,892
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I wish shows like this was on mainstream media.
The truth about the collapse is anti-political; meaning - both parties took active participation roles equally.
"Last night's documentary did a good job of explaining these destructive viruses without becoming an alienating technical schematic. It put a human face on the concepts, interviewing people who were tangentially or directly responsible for creating these risky entities, including Terri Duhon, who'd been one of the young J.P. Morgan wunderkinds who basically invented the credit derivatives idea while on some sort of corporate retreat in the '90s. She's now rueful and head-shaking about what her invention wrought, but like most people interviewed so far, she gently shifts the real weight of the blame elsewhere. (Most of the people interviewed always seem to have known in a vague sense that something was wrong, because they're not dumb you see, but also to not have known in any way that would have allowed them to do anything about it. Helpless bystanders all.)"