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It's used for pricing & risk management. Considered the best in class for large banks and has been attributed (at least partially) for GS scathing away from the
by Maven911 10y ago
It's used for pricing & risk management. Considered the best in class for large banks and has been attributed (at least partially) for GS scathing away from the financial crisis relatively unharmed because of being able to quickly price things, determine risk throughtout the firm, and make quick decisions.
- jsprogrammer 10y agoGS scathed away with their former president as the Secretary of Treasury overseeing the rescue of their dependencies. Who has made such attribution?