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VAR in 2009

The NYT has a deeper look at quantitative financial risk:

MAGAZINE
Risk Mismanagement
By JOE NOCERA
Published: January 4, 2009
Were the measures used to evaluate Wall Street trades flawed? Or was the mistake ignoring them?


OP-ED CONTRIBUTORS
The End of the Financial World as We Know It
By MICHAEL LEWIS and DAVID EINHORN
Published: January 4, 2009
We have a brief chance to cure ourselves. But first we need to ask: of what?

OP-ED CONTRIBUTORS
How to Repair a Broken Financial World
By MICHAEL LEWIS and DAVID EINHORN
Published: January 4, 2009
There are obvious changes in the financial system to be made, to prevent some version of what has happened from happening all over again.

Yves Smith obsesses about the 'assumption of normality'.

Posted by on January 7, 2009 9:15 AM |

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