The Confluence of Technology & Finance

Andrew Lo of MIT on the confluence of technology & finance, and what is has wrought, for good and … much less good. And, yes, John Thain is in this too.


  1. Financial and mathmetical wizards can define and describe the landscape and profit from it. The social good is a questionable claim measured against current and future debacles.

    Regular people can begin to understand by searching for the application of leverage. That is always the manipulators source of extraordinary profit. The vast power of the new computer systems simply enables the use of more leverage. Our current financial governors (private and public are Enron refugees.