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
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
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
: 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
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
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: