This link has been bookmarked by 9 people . It was first bookmarked on 30 Jun 2009, by Damon Snyder.
-
Sam VPlus Maths Magazine: Feature Article. A look at what might have happened to a certain large bank -the probabilities of default turned out to be a lot higher than expected!
-
Oeil-de-nuit -_-On a sunny morning in 2001, a piece of investment plan landed on the desk of Dick Fuld, the then Chief Executive of Lehman Brothers. The document, compiled by a team of maths and physics PhDs, included a calculation to show how the bank will always end up with a profit if they invest on the real estate markets. [...]
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.