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Everything Interconnected | Derivatives | Gretchen Morgenson

Today a woman threatening suicide on a bridge slowed traffic on I-5 (almost to a halt) for miles. My car overheated due to the fan failing to operate, and I had to ask for coolant from passers-by to be able to get off the freeway. I was late to a dentist appointment. How many series of events were unleashed by the incident? Who knows? There are many consequences to each and every one of our acts. What brought the woman to that bridge?

And I heard that Derivatives are back in the game of the big banks with insufficient regulation in place, and we haven’t recovered yet. How many series of events will be unleashed by another stock market crash? Again, who knows? But selfish greed seems to be unstoppable. Our biggest enemy is our own unchecked ego.

Read more about Derivatives by following the link below to an article by Gretchen Morgenson

http://www.nytimes.com/2009/10/18/business/economy/18gret.html?_r=1

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