Re: [FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-24 Thread Phil Henshaw
Complexity Coffee Group' Subject: Re: [FRIAM] MIT experts analyze financial crisis, debate cures Of course!, the reason they fooled everyone so completely was that they were designed to be completely sensible. That's what is meant by the black swan. Phil Henshaw -Original Message

Re: [FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-24 Thread Kenneth Lloyd
PROTECTED] On Behalf Of Phil Henshaw Sent: Friday, October 24, 2008 8:17 AM To: [EMAIL PROTECTED]; 'The Friday Morning Applied Complexity Coffee Group' Subject: Re: [FRIAM] MIT experts analyze financial crisis, debate cures Gosh, I don't know why it's so hard to convey, but it's important

Re: [FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-24 Thread Phil Henshaw
Sent: Friday, October 24, 2008 8:17 AM To: [EMAIL PROTECTED]; 'The Friday Morning Applied Complexity Coffee Group' Subject: Re: [FRIAM] MIT experts analyze financial crisis, debate cures Gosh, I don't know why it's so hard to convey, but it's important to understand. The error

Re: [FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-23 Thread Phil Henshaw
: Wednesday, October 22, 2008 12:11 PM To: The Friday Morning Applied Complexity Coffee Group Subject: [FRIAM] MIT experts analyze financial crisis, debate cures This seemed to be a pretty sound analysis of the current crisis: http://techtv.mit.edu/file/1448/ In particular, I was surprised to see

[FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-22 Thread Owen Densmore
This seemed to be a pretty sound analysis of the current crisis: http://techtv.mit.edu/file/1448/ In particular, I was surprised to see how reasonable several things I had thought to be bad were. For example, the securitization of mortgages arose from a very reasonable desire to smooth out

Re: [FRIAM] MIT experts analyze financial crisis, debate cures

2008-10-22 Thread Owen Densmore
In the video I sent out below, there were several buzz words that I found here: http://en.wikipedia.org/wiki/Structured_finance -- Owen On Oct 22, 2008, at 10:11 AM, Owen Densmore wrote: This seemed to be a pretty sound analysis of the current crisis: