useful phrase 9.21.08+bonus credit crunch slide show
“Well, you see, at the time we thought that by employing sophisticated non-linear-fractal portfolio theory and securitizing debt we could reduce institutional risk while simultaneously maximizing available liquidity, thus allowing for more efficient allocation of resources and capital.”
我们错了。
wǒ men cuò le
Ha! 好极了。
that slide show was illuminating. i’m going to send it to everyone who wants to talk about the end of the world.