One more alarmist, not strictly relevant but funny quote
In order to save the banking system it was necessary to destroy it.
posted by David Murphy at 14:12
Monday, 6 October 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
- The Reason Program
- How to ungum the interbank market
- On Boldness
- MBIA sues Countrywide
- My favourite of the nicknames for Ms. Palin
- Zombienomics
- 20/20 New York Hindsight
- AIG as a Regulatory Capital Arbitrage Shop
- Funding or capital?
- MOAB Revisited
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