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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (5244)12/12/2001 6:43:53 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 36161
 
KT,

indeed. and as i've often pointed out, the derivatives pyramid has not yet been truly stress tested. i still believe that modern 'risk management' has in fact INCREASED systemic risk enormously. here's looking forward to another round of bail-outs and "assymetric policy responses" from our monetary and fiscal bureaucrats in 2002. :)