4 ms·

I'm not sure how much I buy this. With no discussion of the model it's hard to say what assumptions he did or did not make in terms of how all these factors res

I'm not sure how much I buy this. With no discussion of the model it's hard to say what assumptions he did or did not make in terms of how all these factors respond to each other.

bitwize 14y ago
There are four kinds of lies: lies, damned lies, statistics, and computer models.
- joe_bleau 14y ago
  Exactly. And the model is from someone at Moody's! After the mortgage backed securities rating fiasco, it's hard for me to give them any credibility.