Post by account_disabled on May 1, 2024 23:59:32 GMT -5
RAHAL JAYAWARDENE MILLENNIUM INFORMATION TECHNOLOGIES LTD. I m not sure whether Paternalism will foster better decision making in investments nor will it be of much help to bring credit and housing back to health. What I believe is that we need a carefully crafted long term Social Engineering campaign to transform the common mindset of people to foster a culture of thrift and prudence against the culture of extravagant borrowing.
GAMALIEL PASCUAL MANAGING DIRECTOR SMETRIX INC. The role of AIG in this financial meltdown will be examined for decades to count. The alchemy of making subprime credits Heavy Construction Contractors Email List acceptable was made possible by the black art of credit default swaps. Somehow financial engineers convinced themselves that these swaps were subject to the same actuarial principles of other insurance products. Equally mystifying to me is this...the phenomenon of herd mentality suggests that business as lucrative as CDS underwriting would have attracted competition from other large insurance firms. Thank goodness that did not happen.
What restrained the other insurers which did not restrain AIG PETER A. care physician I am a physician at the University of Michigan and an expert on how people make decisions having conducted decision making research for a decade and a half. Politically speaking I m a flaming moderate I marvel at the wonders of capitalism but at the same time I m painfully aware of the limits of free markets. We human beings are imperfect decision makers. We have a limited ability to hold complex information in our heads even when this information is relevant to important decisions we face.
GAMALIEL PASCUAL MANAGING DIRECTOR SMETRIX INC. The role of AIG in this financial meltdown will be examined for decades to count. The alchemy of making subprime credits Heavy Construction Contractors Email List acceptable was made possible by the black art of credit default swaps. Somehow financial engineers convinced themselves that these swaps were subject to the same actuarial principles of other insurance products. Equally mystifying to me is this...the phenomenon of herd mentality suggests that business as lucrative as CDS underwriting would have attracted competition from other large insurance firms. Thank goodness that did not happen.
What restrained the other insurers which did not restrain AIG PETER A. care physician I am a physician at the University of Michigan and an expert on how people make decisions having conducted decision making research for a decade and a half. Politically speaking I m a flaming moderate I marvel at the wonders of capitalism but at the same time I m painfully aware of the limits of free markets. We human beings are imperfect decision makers. We have a limited ability to hold complex information in our heads even when this information is relevant to important decisions we face.