Don't know the movie, just read two comments by two people I value (sic!). Barry Ritholtz and Matt Taibbi. http://www.ritholtz.com/blog/2011/05/review-hbos-too-big-to-fail/ http://www.rollingstone.com/politics/blogs/taibblog/andrew-ross-sorkin-gives-goldman-a-rubdown-20110607
Ritholtz is sort of neutral, whereas Taibbi has this to say: ...The Sorkin piece reads like it was written by the bank's marketing department, which may not be an accident. In November of last year, the New York Times announced that "Dealbook" was entering into a sponsorship agreement with a variety of companies, including ... Goldman, Sachs. ... So it seems to be unclear whether Sorkin actually wrote an elaborate piece of propaganda, and I tend to side with Taibbi here, who has a lot of 'common sense', as is one of Your topics. Now the financial 'universe' seems to be constructed on different rules than the physical one: It is a human construct, based on belief, deception, self-deception and factoids, dumb people and smart people. (Cf the film "Enron: the the smartest guys in the room", which I highly recommend, to recognize what is going on in the heads of the players.) What is shocking to me is, that 'hard' science wrt LENR seems to be so off-track. With the financial 'universe' not so much. It is one created by a bunch of compulsive liars as being the 'Creator'. And in this web of lies You are hopelessly lost. The drive is making money (financial) , not knowing the 'truth' (physical), whatever that maybe. In this context I highly recommend David Hume's "Dialogues Concerning Natural Religion", which is a humorous as it is a classic. The 'gods of the financial universe' to paraphrase Hume, were/are a deluded bunch of idiots. Regarding the physical universe, this is still an open question. Guenter ________________________________ Von: Jed Rothwell <jedrothw...@gmail.com> An: vortex-l@eskimo.com Gesendet: 22:55 Dienstag, 24.Juli 2012 Betreff: [Vo]:"Too Big to Fail" movie portrays institutional disaster I saw the HBO movie, "Too Big to Fail," about the 2008 market crash. I recommend it. It is a dramatization with actors. Based on what I have read about the crisis it seems to be historically accurate. Regarding this history I recommend the book "The Devils are All Here." I mention this movie here because in my view, the history of cold fusion has been one long disaster caused mainly by dysfunctional institutions, especially the physics establishment in the US. The two events are more similar than you might think. Both took a long time to develop. Both are still happening. The problems in the financial markets have not been solved. The closing scenes of the movie show that they have not even been addressed in many ways.
