We Will Never Have a Perfect Model of Risk
By Alan Greenspan
"The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the second world war. It will end eventually when home prices stabilise and with them the value of equity in homes supporting troubled mortgage securities."
3/16/08
"The past is not dead. In fact, it's not even past." WF
Posted by Yorgos Voyiatzis at 3/16/2008 10:45:00 PM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment