tag:blogger.com,1999:blog-5880610.post9001241922355301839..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Credit crisis for pedestriansSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5880610.post-42586779282879092822008-04-11T23:17:00.000-04:002008-04-11T23:17:00.000-04:00Paul Volcker's views always merit respectful atten...<A HREF="http://econclubny.org/files/Transcript_Volcker_April_2008.pdf#PDF" REL="nofollow">Paul Volcker's</A> views always merit respectful attention.gshttps://www.blogger.com/profile/17953008291916883288noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-72077429951358264032008-04-10T20:07:00.000-04:002008-04-10T20:07:00.000-04:00Mr. Hsu,you wrote, "...Why sell derivatives based ...Mr. Hsu,<BR/><BR/>you wrote, "...Why sell derivatives based on an underlying index? What's the difference between betting and insurance? It's ripe for demagoguery..."<BR/><BR/>i respectfully disagree with the implication...if i understand the drift...of your question about betting and insurance.<BR/><BR/>the point that mr Greenberger made in the interview, and that others like Nouriel Roubini Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-11240601191593026672008-04-10T19:45:00.000-04:002008-04-10T19:45:00.000-04:00gsi suspect that many of the quants cooking up the...gs<BR/><BR/>i suspect that many of the quants cooking up the failed algorithms that enabled the IBs and hedge funds to create this mess never published papers or met the criteria you hold out as a necessary prerequisite for listening to the Terry Gross- Greenberger interview.<BR/><BR/>And since you have not listened to the interview you are left with adhominum criticisms rather than being able toAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-31596919969919152552008-04-10T19:03:00.000-04:002008-04-10T19:03:00.000-04:00mock turtle, let's look at other parts of the Gree...mock turtle, let's look at other parts of the Greenberger bio:<BR/><BR/><I>Professor Greenberger designed and teaches two courses focused on counterterrorism and emergency response...Professor Greenberger also teaches Constitutional Law and a seminar on Futures, Options and Derivatives at the Law School.</I><BR/><BR/>Counterterrorism, public health emergencies, constitutional law, and, lastly, gshttps://www.blogger.com/profile/17953008291916883288noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-68791343327827391982008-04-10T19:00:00.000-04:002008-04-10T19:00:00.000-04:00This comment has been removed by the author.gshttps://www.blogger.com/profile/17953008291916883288noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-64241685419275646222008-04-10T15:12:00.000-04:002008-04-10T15:12:00.000-04:00gs said "I'm glad i read (Greenberger's bio)_ bef...gs said "I'm glad i read (Greenberger's bio)_ before deciding about spending 40 minutes listening to him."<BR/><BR/>mock turtle responds:<BR/><BR/>unlike gs i both read the bio, listened to the NPR interview and found the presentation compelling and informative.<BR/><BR/>my minor in college was economics and have have served on two boards of directors of small corporate entities. i would not Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-67544053001341882242008-04-04T14:23:00.000-04:002008-04-04T14:23:00.000-04:00The interview isn't all bad, but far below the usu...The interview isn't all bad, but far below the usual level at Fresh Air. If Terri can't grasp it and has to resort to ownership of a basketball team as an analogy, we are all in trouble.<BR/><BR/>This issue is complex enough so that understanding will elude >95 percent of the population. (What is securitization? Why sell derivatives based on an underlying index? What's the difference between Steve Hsuhttps://www.blogger.com/profile/02428333897272913660noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-41762641568971441152008-04-04T14:12:00.000-04:002008-04-04T14:12:00.000-04:00I heard her intro on this show the other day and t...I heard her intro on this show the other day and the first thing I thought was, "By who? Wow, Steve at infoproc isn't going to like this!" <BR/><BR/>She should have interviewed you!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-23024683712681595402008-04-04T12:51:00.000-04:002008-04-04T12:51:00.000-04:00Greenberger's bio is here. I'm glad I read it befo...Greenberger's bio is <A HREF="http://www.law.umaryland.edu/faculty/profiles/faculty.html?facultynum=059" REL="nofollow">here</A>. I'm glad I read it before deciding about spending 40 minutes listening to him.<BR/><BR/>The interview may become relevant if he gets back into government.gshttps://www.blogger.com/profile/17953008291916883288noreply@blogger.com