Peter C. Schmidt
After serving six years in the U.S. Air Force and obtaining the rank of Captain, Peter Schmidt has spent the rest of his professional career in the petrochemical, oil refining and power generation industries. He has worked as a rotating equipment engineer at chemical plants and refineries in Louisiana, New Jersey, St Croix and Texas, and has consulted in these industries as well. He has travelled to Angola, Argentina, Australia, Austria, England, France, Germany, Japan, Libya, Scotland, South Korea, Spain, Turkey and the UAE to complete various short-term assignments. Given his military and technical background, Peter was particularly struck by the fact so few attempts had been made to comprehensively understand the financial crisis. It was this that prompted him to prepare the information on this website as well as the book he is seeking to publish – Elites in Name Only – the Financial Crisis. Peter has B.S. and M.S. degrees in mechanical engineering from Lehigh University, is a licensed professional engineer in California and Louisiana, and a private pilot. He is the holder of two patents.