# Bankers Trust on The No Agenda Show

Bankers Trust comes up in 3 chapters across 3 episodes of The No Agenda Show, from March 2008 to April 2026.

- **Chapters:** 3
- **Episodes:** 3
- **Discussed:** March 2008 – April 2026
- **Related topics:** [Derivatives](https://search.noagendashow.net/topic/derivatives.md), [Enron](https://search.noagendashow.net/topic/enron.md), [Deregulation](https://search.noagendashow.net/topic/deregulation.md), [Energy Market](https://search.noagendashow.net/topic/energy-market.md), [Foreclosure](https://search.noagendashow.net/topic/foreclosure.md), [Gray Davis](https://search.noagendashow.net/topic/gray-davis.md), [Peering](https://search.noagendashow.net/topic/peering.md), [Rolling Blackouts](https://search.noagendashow.net/topic/rolling-blackouts.md), [Tcp/ip](https://search.noagendashow.net/topic/tcp-ip.md)

## Chapters 1–3 of 3

### Internet History, Enron Bandwidth Trading

- **Episode:** [1863: Nekkidly](https://search.noagendashow.net/episode/1863-nekkidly.md)
- **Published:** 2026-04-26
- **Time:** 31:08–34:23
- **Transcript:** https://search.noagendashow.net/episode/1863-nekkidly/chapter/internet-history-enron-bandwidth-trading.md

The history of the Internet is traced from its origins as a distributed network designed to survive nuclear attacks to its current centralized state. A personal anecdote describes how Enron attempted to hire a firm to build a "fictitious" trading desk for bandwidth trading that was purely for show. This era marked the transition of the Internet from a university-based peering system to a commercialized commodity.

Keywords: [tcp/ip](https://search.noagendashow.net/topic/tcp-ip.md), [peering](https://search.noagendashow.net/topic/peering.md), [enron](https://search.noagendashow.net/topic/enron.md), [bankers trust](https://search.noagendashow.net/topic/bankers-trust.md), bandwidth trading

### Mortgage Foreclosure Crisis, Derivative Trading Systems, Lotus Notes

- **Episode:** [244: Form 990](https://search.noagendashow.net/episode/244-form-990.md)
- **Published:** 2010-10-17
- **Time:** 18:42–25:28
- **Transcript:** https://search.noagendashow.net/episode/244-form-990/chapter/mortgage-foreclosure-crisis-derivative-trading-systems-lotus-notes.md

The ongoing foreclosure crisis is described as an unraveling of the unregulated derivatives market. Personal experience building a trading system for Bankers Trust in 1995 reveals that many complex financial agreements were documented poorly using faxes, Excel spreadsheets, and Lotus Notes databases. This lack of a paper trail makes determining true ownership of mortgage deeds nearly impossible for courts.

Keywords: [derivatives](https://search.noagendashow.net/topic/derivatives.md), [bankers trust](https://search.noagendashow.net/topic/bankers-trust.md), [foreclosure](https://search.noagendashow.net/topic/foreclosure.md), lotus notes, black-scholes model

### Banking Industry Culture, Enron and California Energy Crisis

- **Episode:** [21: Sooty Emissions](https://search.noagendashow.net/episode/21-sooty-emissions.md)
- **Published:** 2008-03-15
- **Time:** 20:55–25:12
- **Transcript:** https://search.noagendashow.net/episode/21-sooty-emissions/chapter/banking-industry-culture-enron-and-california-energy-crisis.md

The discussion shifts to the perceived lack of ethics and intelligence among high-level bankers and traders involved in structured deals and derivatives. Dvorak compares the current financial instability to the 2001 California energy crisis, characterizing the rolling blackouts as a manufactured scam by Enron that was ignored by Governor Gray Davis and the media.

Keywords: [bankers trust](https://search.noagendashow.net/topic/bankers-trust.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), [enron](https://search.noagendashow.net/topic/enron.md), [gray davis](https://search.noagendashow.net/topic/gray-davis.md), [rolling blackouts](https://search.noagendashow.net/topic/rolling-blackouts.md), [energy market](https://search.noagendashow.net/topic/energy-market.md), [deregulation](https://search.noagendashow.net/topic/deregulation.md)

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