July 21, 2009
Links for July 20th
These are my links for July 20th:
- Nassim Taleb: clown of quantitative finance « Locklin on science – As such, Taleb is merely setting himself up as some sort of heretical alpha monkey of the quants for stating the obvious, the misleading, and occasionally the gratuitously wrong-headed and untrue. – LOL HERETICAL ALPHA MONKEY OF THE QUANTS
- TheHill.com – IG: Treasury ‘failed’ to adopt bailout safeguards – Barofsky said that while the TARP program that Congress passed amounts to $700 billion, the total federal government support since 2007 for the economy and the financial sector could reach a far higher figure of $23.7 trillion. The government has committed significantly more money through a variety of other federal agencies and programs. 24 TRILLION DOLLARS??????
