Operator Speaking by Zachary Constantine

Posts Tagged ‘financial industry’

Higher Education: Leveraged Aspirations

Monday, February 6th, 2012

Remember what collapsed the housing market? The repackaged loans being traded with no capital behind them? This is the exact same deal. They know they’ve got you, too: College tuition has been steadily rising, at three to four times the rate of inflation (and that’s not even counting the textbooks, which clock out at an […]

On the Stock Market

Tuesday, September 27th, 2011

Some heady cognitive dissonance here – this traitor “trader” and his advice are good news only for that increasingly-mythical American middle class: [via Lance Robotson] Excerpts: I’m a trader, I don’t really care… We don’t really care that much, how to fix the economy, how to fix the situation – our job is to make […]

Why the Financial Crisis Won’t Fix Itself*

Friday, August 5th, 2011

When then-Treasury Secretary Henry Paulson initiated his Troubled Asset Relief Program (TARP) in September 2008, I assumed the objective was to restore trust in the market by identifying and weeding out the “troubled assets” held by the world’s financial institutions. Three weeks later, when I asked American friends why Paulson had switched strategies and was […]