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October 26 2010

16:57
14:13

November 01 2009

23:26

Mystery: Why did Goldman stop scrutinizing loans it bought? | McClatchy

amazing. I can imagine working as a temp and watching these loan applications get pushed through despite my best busy-work efforts. *sigh*

April 04 2009

16:50

March 03 2009

08:24

February 02 2009

23:39

December 01 2008

05:04

The Role of Predictive Analytics in the Sub-Prime Crisis - Enterprise Decision Management - a Weblog

"There is a book by Nassim Nicholas Taleb, a former trader, called "Fooled by Randomness" that sheds some light on this. Before the credit crunch we've had a long period of expansion and very cheap money. Many of the analytics used worked remarkably well in this environment, but they had not been tested properly for different market conditions and under rare events. ...this was in some cases intentional."
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