> I disagree that they cannot hire someone from the industry who is capable of doing this. If the industry could've calculated the risk correctly, they wouldn

> I disagree that they cannot hire someone from the industry who is capable of doing this. If the industry could've calculated the risk correctly, they wouldn't have blown up the economy last decade. Not to mention if only 4 or 5 people can accurately do it, there is no reason that other's will be able to accurately judge who the correct 4 or 5 are. 50 people will say they can do it, 5 are right 45 are wrong, who decides which 5 to believe? People outside of the 50 who knew they weren't even capable of doing the valuation themselves? They're deemed ok to judge? This is analogous to trying to solve a people problem with technology. How much risk should society take on so that people have one more avenue to make profit? Everything is risk reward tradeoff, and the risk to the financial sector and borader society isn't worth the reward of having the freedom of profit in those areas.