Super quick computers and advanced mathematical formulas have taken over trading on the financial markets from human beings -algorithms- which seem to have a life of their own. The only ones who understand the system in any way are its architects, the algorithm developers. Haim Bodek is one such algo-developer. After finding some strange wrongdoings he set out on a personal crusade against this elusive system". The machinery behind our financial markets, consisting of mathematical models, data centers and miles and miles of fiber optic cables, is disguised by technological complexity and secrecy. The builders of this financial system are a new breed of Wall Street employees -quants- mathematicians and physicists who are responsible for a technological revolution. Haim Bodek is a quant; he specialized in artificial intelligence and worked for Goldman Sachs. He knows the system from the inside, he helped build it. Haim Bodek was invited to tell his story at the "Battle of the Quants" - a recurring event where quants discuss high-frequency trading, amongst other things. Bodek wrote an algorithm for trading machines that would generate guaranteed income - a money machine that weathered the financial meltdown of 2008. But then from one day to the next the algorithm stopped working.
The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working for the best interests of the American people. The Obama phenomenon is a hoax carefully crafted by the captains of the New World Order. He is being pushed as savior in an attempt to con the American people into accepting global slavery.
Michael Ruppert is an independent journalist who has made a minor career out of telling people news that most folks do not want to know. Ruppert, a former police officer, predicted the Wall Street debacle of 2008 several years before the fact, at a time when most analysts were still imagining infinite growth for the stock market and major investment banks. Since then, his vision of the world's future has grown only darker. As Ruppert sees it, civilization and the global economy has yet to wean itself off fossil fuels, and when the world's supply of oil finally runs out, it will lead to a global financial catastrophe that will leave no one unscathed. But while most of what Ruppert has to say bears the ring of truth, there's a small audience for his dire message -- the primary medium for his work is a self-published newsletter, and his most recent book has done so poorly in the marketplace that he faces eviction from his home. Is Ruppert right? And if he is, why doesn't anyone care? Filmmaker Chris Smith profiles Michael Ruppert and gives him a chance to explain his apocalyptic vision of the future at length
In February 2009, Michael Moore issued an appeal to people who worked for Wall Street or in the financial industry to share first hand information, requesting, 'Be a hero and help me expose the biggest swindle in American history'. He uncovers the social costs of corporate interests pursuing profits at the expense of the public good.
Category:Culture Duration:1:03:40 Series: Capitalism A Love Story
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