Friday, March 27, 2009

Quote of The Day

"This guy should be in a retirement home doing Sudoku. His funds have blown up twice. He shouldn’t be allowed in Washington to lecture anyone on risk.” -"Black Swan" author Nassim Taleb on Myron Scholes, creator of the options pricing Black-Scholes formula. via Marion Maneker

If you missed my pieces this week on the developing PPIP plan, go back and read them now:

1 comment:

Anonymous said...
- this site describes a way to turn the PPIP program from program that saves the banks and makes money for the hedge funds, into program which saves the homeowners, reduces the short sales / foreclosures, while still saving the troubled banks