GBIC - Greater Burlington Industrial Corporation

Announcements

The Vermont Manufacturing Extension Center is proud to provide Vermont innovators with a new tool: the Vermont Innovation Marketplace.  The innovation marketplace is a service that allows for "open innovation" with the goal of accurately and efficiently connecting buyers and sellers in the innovation marketplace. 

The CEDS documentation for 2009 is now available for public comment.  To view the documents and to make recommendations or additions, please click on the Economic Plan/CEDS link on the left of the page.

Derivatives and the Financial Meltdown

"Casino Royale: Derivatives and the Financial Meltdown" written by Jack McMullen is a wonderfully simplified portrayal of the complications brought on from the Credit Default Swaps, over-leveraged banks and derivatives.  This is a great read for anyone looking to better understand where the current financial problems started, and why they dominoed out of control.  Thankfully, Vermont banking institutions didn't get directly involved in the the swaps, which is part of the reason our banks are still in such strong financial standing.

Casino Royale: Derivatives and the Financial Meltdown