Posted by Matt in February 28th, 2010 |
no comment
Published in
Financial,
Billions Of Dollars,
Closer Look,
Cracks,
Disaster,
Discrepancies,
Financial Meltdown,
Goldman Sachs,
Led,
Mismanagement,
Mortgage Backed Securities,
Nytimes,
Risk Models,
RiskManagement,
Wall Street,
Wall Street Firm,
Warrant
Goldman Sachs’ VaR models and risk models started to show little cracks or discrepancies. They were small, but they shouldn’t have been there. Rather than ignore these discrepancies, Goldman Sachs tried to understand what was going on. When it couldn’t figure out what was going on they bailed out of mortgage-backed securities.
How then do we [...]
read more....
Posted by Matt in December 3rd, 2008 |
no comment
Published in
Economy,
Russia,
Assertions,
Catastrophe,
Collapse,
Decent Words,
Disintegration,
Financial Crisis,
Global Financial Crisis,
Global Recession,
Mismanagement,
Modernization,
Monopoly,
Point Of No Return,
Polices,
Political Upheaval,
Propaganda,
Regime Collapse,
Russian Economists,
Russian Economy,
Russian Language,
scenarios,
Single Solution,
Social Unrest,
Systemic Crisis
Experts see a very serious possibility of an abrupt collapse of the living standard and economic disintegration leading to social unrest, eventually followed by political upheaval.
…
As Tayevsky put it, “There will not be a crisis in Russia. There will be something immeasurably worse. But decent words for what it will be have not yet been [...]
read more....