Search results

No need to apologize @QuantMan2318! I was stating that more in a "tongue-in-cheek" manner. Your thoughts are enlightening and informative! Keep 'em coming my friend!!!

Don't get me started on politics @QuantMan2318!

Great references @QuantMan2318! Regarding my initial post, I thought I would be more specific for the folks newly exposed to the arena of risk management. Many blame the credit crisis on bank greed. Historically, I have been a staunch defender of banks, especially during the crisis. As I've...

I am at such a loss right now - this is absolutely incredible. I am posting it here to ensure that everyone takes a moment, perhaps another moment, to let it sink in. This is from Choudry's Securitization Chapter.

I do agree a bit @Kavita.bhangdia - I am often intimidated by Malz's writings. Sometimes, I think he could have presented things more simply.

Malz is the man - I think I posted this many months ago! Some of these authors are incredible! I like Dowd too!

Not to get too political here, this is typical political behavior in the US. Contribute to the creation of a problem, via the CRA, etc., and then pile on additional regulation and legislation to address the problem, i..e, DFAST. Now, when new problems emerge (not currently contemplated) in...

See Crouhy's Box 17-4 in his Chapter 9 of Essentials of Risk Management. While I agree with the statement in this highlighted box, I feel it is critical that everyone understand another aspect that Crouhy's entirely ignores here. It is very easy to simply blame the credit crisis on "greed"...

Finally made it through Gregory's Wrong Way Risk chapter.....took me too long to admit. Then, once I made it to the final few pages, I was astounded. I worked in CDOs for many years and have never seen such an eloquent explanation of CDO failures. Gregory's explanation is superb. Moreover...

Just Starting Topic 8! Might need to rely on BT Notes only for this topic since I am running out of time!!!

AWESOME! I stumped The Great One! I will continue to look for an answer to this and would appreciate you sharing anything you find as well! Thanks!

At the bottom of the first page of Chapter 17 in the GARP book, it states the following: Then, in the Study Planner on this site, David has the following under Topic 3 of Part I:

Absolutely interesting! Thanks for the thoughtful response David!