On Sep 23, 2008, at 8:00 PM, Kevin B. O'Brien wrote: > Now, most decent spreadsheet programs will not let you get away with > this circular reference, but an unregulated market can. Essentially, > it > all came down to a shell game where everyone was insuring each others > risks, and then convincing themselves that they had laid off the risk > this way.
Another good analogy might be plugging a lamp into a power strip, then plugging the power strip into itself, then wondering why the light doesn't come on .. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
