Extra Credit, Friday Edition

Speech by SEC

director Erik Sirri: "In retrospect, the super senior ABS CDO was nearly

a perfect structure to lull even sophisticated traders and risk managers into

a state approaching complacency — and blind them at least temporarily

to fundamental principles of risk management that would not have been new to

them and which they could surely recite from memory."

The myth

of competing mobile standards

Should

Wall Street Turn Over Bonuses to Subprime Victims?

African fractals: Ron

Eglash on TED.com

A-list

investment blogging

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