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>substitute "mortgage" in this sentence, think back on events of the last decade, and you can see what is horribly wrong with this article. Plenty of people pr
by aguyfromnb 7y ago
>substitute "mortgage" in this sentence, think back on events of the last decade, and you can see what is horribly wrong with this article.
Plenty of people properly modelled sub-prime mortgages, and made bets accordingly. Corporations are pretty good at modelling cash-flow, too.
I think you're conflating "an inability to do so" with "caring about the results".