thqta might be fun actually. But yeah, it's not something you would do in your spare time.
On Wed, Oct 1, 2008 at 4:15 PM, Maureen <[EMAIL PROTECTED]> wrote: > It is very difficult, if not impossible, to put a value on risk in a > pool of potentials that have no historical values to use for actuarial > calculations. > > The math regarding derivatives is very complex, but the real problem > is that the data to perform the analysis doesn't exist, i.e. it is > impossible to project the results of an event that has never happened > before. We have, at most, about six months of failure data, and that > is tainted by the government infusion to Bear Sterns, and recent bank > failures. > > I wrote some really elegant algorithms for the Resolution Trust to > track assets and debt during the Savings and Loan debacle, but that > was only mortgage based failures, skewed mostly by fraud. It would be > a real challenge to tackle tracking and projection for derivatives. > But someone would have to pay me REAL BIG BUCKS, and give me about 200 > data entry clerks to enter the consolidated data. > > > On Wed, Oct 1, 2008 at 2:51 PM, Dana <[EMAIL PROTECTED]> wrote: >> interesting that you should ask that... most people say that it's >> because nobody understands how to value derivatives. >> >> On Wed, Oct 1, 2008 at 12:23 PM, Sam <[EMAIL PROTECTED]> wrote: >>> What caused the $1 trillion credit derivatives default? >>> Bad mortgages. >>> So what was your point? >>> >>> >>> On Wed, Oct 1, 2008 at 10:21 AM, Maureen <[EMAIL PROTECTED]> wrote: >>>> Credit derivatives are in the 50 Trillion range, not bad mortgages. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271821 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
