The Tour de Crash
As any cycling fan knows, riding in the Peloton is dangerous: it is hard to avoid crashes. And so it proved. The broom wagon is gathering up the effected parties.
posted by David Murphy at 14:23
Monday 3 March 2008
About Me
- Name: David Murphy
- Location: London, United Kingdom
I'm a consultant working mostly with investment banks, hedge funds and insurance companies. My academic background is physics and theoretical computer science.
Previous Posts
- Buffett on Fair Value
- The FHLBs: beyond Countrywide
- Burying Basel
- Fannie, Freddie and other friends
- Idea of the day: consider a short in Gold
- Corporate bonds are good value...
- S&P confirms FANT.W at AAA
- Is Fair Value Fair?
- What's Broken?
- Mitigating Moral Hazard
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