"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:
-KD
1 comment:
http://www.FairPPIP.org
- 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
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