Jim,
After. Quite recent, actually, but I don't remember
where I saw it, actually. Some very recent journal
article, I think. Yeah, so, duuuuuuhhhhh......
Barkley
-----Original Message-----
From: Jim Devine <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Wednesday, August 23, 2000 4:43 PM
Subject: [PEN-L:768] Re: Re: Jamie Galbraith on Long Term Capital Management
>At 03:56 PM 8/23/00 -0400, you wrote:
>> Actually, I recently read something by Scholes where
>>he admitted the importance of the normal distribution
>>assumption and admitted that it does not hold.
>
>was this before or after the Long-Term Capital Managment debacle?
>
>Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
>
>
