Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Risk : Markets and Models

October 20th, 2008 · No Comments · Markets

A perspective on risk  written in 2001 by Emanuel Derman, MD, Firmwide Risk, Goldman Sachs, & CO.

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Cox on the Credit Default Swap market

October 20th, 2008 · No Comments · Markets

Chairman Chris Cox is far too late in discovering, managing and regulating this market; a very costly mistake for the financial markets and the world:     October 19, 2008 OP-ED CONTRIBUTOR Swapping Secrecy for Transparency   By CHRISTOPHER COX   Washington THE historic volatility in the financial markets has raised important questions about the lack of meaningful [...]

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