I would have thought this was obvious: that allowing large financial organizations such as Fannie May, Freddie Mac, and AIG to play the derivatives market on unsecured (i.e. leveraged) assets would lead to our current economic meltdown.
The real-world limiting issue is what would our quality "leadership" done with such information if it had been made available to them 3 years ago? On Fri, Oct 3, 2008 at 1:52 PM, Russ Abbott <[EMAIL PROTECTED]> wrote: > What are we hoping a better model will show? >
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