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derivatives

  1. Childlike Empress

    NYT: A Secretive Banking Elite Rules Trading in Derivatives

    Yup, that's the actual headline.
  2. my_wan

    Market crash nobodies fault

    Most of us has heard about how shocked Greenspan was at the market crash. This sent me on a paper trail of the theory behind mortgage derivatives. It starts with an equation invented by economics Nobelists Robert Merton and Myron Scholes. I'll try to explain what's behind this equation. The...
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