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Quants vs Congress
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> Big hearings in Congress today about how evil derivatives and the quants
> who build them are. They are a threat to government as we know it. Don't
> tell anyone but the "intermediation of political risk" was one of the
> greatest invention of the 1980s. Combine same with strong crypto and you
> almost have to feel sorry for the public employees in our midst. Watch
> out for a little downsizing.
Aw c'mon Duncan. Derivative of what? What's a quant? Where was the
term ``intermediation of political risk'' used?
I love your postings when I can make sense of them. This one is so well
encrypted I can't.
> To show that I'm a charitable guy, I have some free advice to anyone
> reading this who is involved in "taking the King's shilling":
Do you really think that such people deserve charity?
John E. Kreznar | Relations among people to be by
[email protected] | mutual consent, or not at all.
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