Financial Markets

A nice article that explores many areas . . . and captures some of the truth.
Organic mechanics
By Clive Cookson, Gillian Tett and Chris Cook, ft.com
Published: November 26 2009 21:43 | Last updated: November 26 2009 21:43

What do you call a financier in search of the iron laws of human behaviour? Answer: someone with a bad [...]

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The Financial Modelers’ Manifesto
Posted At : January 8, 2009 3:14 PM | Posted By : Emanuel Derman
Related Categories: Models
The Financial Modelers’ ManifestoPreface
A spectre is haunting Markets – the spectre of illiquidity, frozen credit, and the failure of financial models.
Beginning with the 2007 collapse in subprime mortgages, financial markets have shifted to new regimes characterized by [...]

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

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