John, you are welcome to send me this type info privately in the future. I found it very interesting!
Nora On Sunday, May 26, 2013, John Robinson wrote: > Lee, > > If you read the book you remember most all this began in academia, those > so anti-business you would think they would regulate themselves....I > certainly didn't mean for this to go this direction, I was *only* trying > to answer Harry on what a quant *was* and also *how* they have affected > our everyday lives. > > I love the lighthearted response of so many....in the future I will > withhold my comments on subjects related to the Mac for fear it will open a > door that I didn't dream. I felt there would be those on the list that > would like to know how magnified our housing mess became due to the whiz > kids that learned from the best professors our Universities could produce. > > Have a great holiday folks, I'll go mow some more........ > > John > > > On May 26, 2013, at 4:26 PM, Lee Larson wrote: > > On May 26, 2013, at 4:05 PM, John Robinson wrote: > > No politics intended Sandra, it is what it is. I felt that most on the > list would find it interesting (if they didn't already know) the real cause > of our current mess, not only a small segment in housing but quants, that > exacerbated an already bad situation. Informed people are empowered people. > > > Yes it is politics. I read Patterson's book. There isn't much exploration > of the fact that oversight of the institutions was greatly deemphasized > during the early years of this century, or the affect of mega-mergers on > the consolidation of risk, or the gutting of the Glass-Steagall Act in > 1999, or ... > > Let's not drive this list into a deep and dark rabbit hole. > > > > _______________________________________________ > MacGroup mailing list > [email protected] <javascript:_e({}, 'cvml', > '[email protected]');> > http://www.math.louisville.edu/mailman/listinfo/macgroup > > >
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