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Daily Archives: November 1, 2012
RNS Quote of The Day: Model Destruction Edition
Dan McLaughlin. Read the whole thing, it’s excellent. nearly everybody involved in the mortgage-backed securities market (buy-side, sell-side, ratings agencies, regulators) bought into mathematical models valuing MBS as low-risk based on models whose historical data didn’t go back far enough … Continue reading
Posted in Quote of the Day
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Justice Scalia’s Luncheon Talk
As promised, here’s the video of Scalia speaking with Peter Robinson at the luncheon I attended.
Posted in Heroes, Comrades and Brothers, Kewel!
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