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It really feels like some sort of joke talking about how much faster they could go bankrupt would be appropriate here.
by wmorein 18y ago
It really feels like some sort of joke talking about how much faster they could go bankrupt would be appropriate here.
- Rod 18y agoThe banks went down because of structured products, not exchange-traded options. Not all derivatives are created equal.
- lutorm 18y agoThis time. I seem to think those black-scholes models, or whatever they are called, have been blamed for other "incidents" (ref Taleb and the Black Swan here).