He just gave onshore investors one trillion reasons to sell stocks and buy treasuries. He will also put off offshore investors by exchange rate...
Exactly, in the banks no one cares if a model is good or not, as long as it generates sales, and everyone collects his bonuses all is good.
LOL exactly. Maybe the quants/modellers only fault is deceitful (or ignorant) marketing?? Leading to users' over-confidence in the models?
I thought she helped pump the credit model bubble through articles, books, teaching, media appearances, etc. I don't ever remember her criticizing...
But still, it's not Mr Li's theory or product. It's just a function in closed form inserted within a formula which was invented by other people....
No, whatever model they used to price and sell the credit derivatives, the real problem was that too many mortgages were written at too low an...
This is stupid. Why blame or scapegoating a single individual for the Credit Model Boom and Bust? So many people helped create the Credit...
Government intervention is what caused the current crisis. How? a. The Fed's monetary central planning, distorted interest rates and caused...
So you think Pelosi is not crooked? Letting her get away with it is not crooked? Are you saying that if something is "legal" is not crooked?...
The US wouldnt need to raise so much taxes if it wasnt for so many wasteful wars, bank bailouts, pork spending and so on.
Asian markets going up like crazy. Up 2.5% in 1/2 an hour.
Roubini is starting to sound like a fortune teller.
PANAMA has no central bank and therefore no money printing. Its currency is the dollar, and the country must get its reserves through exports....
Bunch of BS ers, they are just looking for a job and/or publicity. They say Geithner's fix is wrong but they don't say how it should be done,...
Nope Last Trading Day: Trading terminates at the close of business on the third business day prior to the 25th calendar day of the month...
Says who.... still trading as of right now CL H9 last price 34.55 20:18 EST. NYMEX termination schedule http://www.nymex.com/CL_term.aspx
I would buy the front month because it's more volatile than april, more points up and down. The divergence at the close, march not april making...
CL last trade date 2/20. QM last trade date 2/19.
Hey scriabino, Why don't you go to Iceland and ask people what do they think of banks and fractional reserve banking? As of 2007 they were one...
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