The architects of the bailout have been trying to cure insolvency by treating it as illiquidity.
The SEC may be trying to cure unethical behavior by treating it as illegality.
[A Poor Workman Blames His {Tools] of the Trade}
Published in blog
Writer and Professor of Financial Engineering at Columbia University
The architects of the bailout have been trying to cure insolvency by treating it as illiquidity.
The SEC may be trying to cure unethical behavior by treating it as illegality.
Published in blog