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."
of competing mobile standards
Wall Street Turn Over Bonuses to Subprime Victims?
Eglash on TED.com