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You can't blame yourself for what inevitably happened. It's the people who put only best case scenario numbers into every variable in the risk modeling. And eve
by mattmaroon 18y ago
You can't blame yourself for what inevitably happened. It's the people who put only best case scenario numbers into every variable in the risk modeling. And even if you removed that from the equation, you were just providing a product banks wanted and if you hadn't someone else would. The disaster would still have occurred.
- denik 18y agoWell, a bank could also say "if not us, someone else would". "the disaster would still have occurred" logic is flawed. Not that I want to blame the guy, he wrote an impressive article after all :)