Goldman Sachs Archives - WORLD OF THE CROSS

Etch A Sketch Drumpf (UPDATE)

As the GOP presidential campaign has unfolded, whatever light that the GOP might have once emitted has been sucked into the black hole at the center of the Bizarro universe where their evil twins reside. Those tremors in the Force you’ve been feeling of late is proof that the rupture between the two parallel worlds has already occurred, resulting in the time-space manifold between them being turned inside-out, expurgating their dopplegangers into our every day political reality

HILLARY CLINTON: The Tip Of The Iceberg

Original inset illustration by Roberto Parada TOTAL • INDIVIDUALS • PACS Emily’s List $939,881 $930,961 $8,920 Citigroup Inc $883,547 $875,547 $8,000 DLA Piper $847,930 $820,930 $27,000 Goldman Sachs $821,031 $811,031 $10,000 JPMorgan Chase & Co $771,111 $768,111 $3,000 Morgan Stanley $754,538 $749,538 $5,000 University of California $608,858 $608,858 $0 Time Warner $591,524 $566,524 …

The Big Short and Dunning-Kruger Effect Concluded

Hard-working citizens have been forced to dip into their wallets to rescue the very people that destroyed so much of their personal economic futures. The downwardly mobile American electorate has, by and large, an intuitive understanding that they are being royally screwed by the Powers That Be even if they aren’t familiar with the particulars.

The Big Short Part II: The DK Effect Part V

In a series of visual puns, Margot Robbie describes the collapse of the real estate bubble while sipping bubbly in a bubble bath, in this synopsis of The Big Short, nominated by Oscar for best film

The Big Short:The Dunning-Kruger Effect Part IV

While there’s been no shortage of post-mortems on the cause of the Great Recession, the most entertaining has to be the new movie The Big Short, a Golden Globe and Oscar nominee for best film, based on Michael Lewis’s book of the same name… The film follows three sometimes inter-related investment entities as they uncover the massive fraud that had taken over the real estate industry, and their efforts to profit from that knowledge. That a morality tale emerges in the wake of their pursuit of “price discovery,” a traditional goal of the free (unmanipulated) market, is just icing on the cake.