In Memoriam 1942 – 2013 “Roger Ebert loved movies.”

RogerEbert.com

Thumb nnkxdfey7yagnicxkvwuxy7gvat

Stronger

Some of it is too broad, and I wish it dug a little deeper at times, but this is one of those rare inspirational films…

Other Reviews
Review Archives
Thumb xbepftvyieurxopaxyzgtgtkwgw

Ballad of Narayama

"The Ballad of Narayama" is a Japanese film of great beauty and elegant artifice, telling a story of startling cruelty. What a space it opens…

Other Reviews
Great Movie Archives
Other Articles
Far Flunger Archives
Other Articles
Channel Archives

Nightmare on Wall Street 2: Enron's Revenge

When I first tried to understand what the whole financial meltdown was about, it sounded to me like some kind of perpetual motion machine -- a black box that reversed the first law of thermodynamics ("econo-dynamics"?) to produce energy from nothing, or money from debt. Turns out the principles behind the "financial instruments" that caused the collapse were indeed crafted in part by physicists and mathematicians who designed complex formulas that defied real-world understanding, but that appeared to guarantee profits out of nothing.

Here's my quick take on the smoke-and-mirrors magic-of-the-marketplace that deregulation made possible at the turn of the last century (y'all remember Enron) and how it's manifesting itself in today's financial crises -- using clips from CBS's "60 Minutes" report, "Wall Street's Shadow Market", (10/6/08) and Alex Gibney's documentary, "Enron: The Smartest Guys in the Room" (2005).

Advertisement

Popular Blog Posts

Keeping the Darkness at Bay: Disney’s “Something Wicked This Way Comes”

An appreciation of the Disney film "Something Wicked This Way Comes."

Plagiarizing "Star Wars": The Problems with "The Force Awakens"

FFC Gerardo Valero considers the flaws within "Star Wars: Episode VII - The Force Awakens."

Reveal Comments
comments powered by Disqus