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Month: March 2011

Getting trapped in a cooling tower at the Georgia Power Company Plant Yates

Excluding a high-school job at the Kroger grocery store, my first real job was with the Georgia Power Company, at their electrical power generation plant in Newnan, Georgia — called Plant Yates. I had a very pleasant surprise this morning, to receive an email from an old colleague there.

The Big Short—A brief summary of the 2008 financial collapse

Get it on Amazon → The Big Short, by Michael Lewis

The Big Short, by Michael Lewis, is an amazing book about the banking crisis of 2008. Having watched the events unfold over the course of about a year, and not really understanding everything involved, the tragedy of situation wasn’t quite as impressive to me at the time, as it is having read Lewis’ concise, clear and compressed explanation of it. While I’d encourage everyone interested to read the book, I’m going to try to summarize the story here.