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Too Messed-up to Fail
Jul 20, 09 15:08
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wall street
AIG, Citi and the other former behemoths of Wall Street embarked on a new strategy after the 1987 crash: become too big to fail. That worked, until it didn’t. The new strategy? Too messed-up to fail.
(read on...)
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risk management
wall street
credit risk
interest rates
markets
Dec 2008
Oct 2008
compensation
accounting
AIG
balance sheets
banks
bias
bonuses
California
CDO
decision theory
default risk
funding
inflation
marks
negative rates
probability
ratings
S&P
TARP
treasury bonds
subscribe to the bondgeek blog