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Re: SMS Banking
From: Jeffrey Walton <noloader () gmail com>
Date: Thu, 11 Feb 2010 20:32:16 -0500

I think people at the Wall Street were also number crunching
risk analyst. Look at them now.
Part of the problem with the US is that regulation only exists on
paper. Once a financial institute or insurer purchases enough
Congressional leaders (err, makes enough political contributions),
oversight no longer applies.

On Thu, Feb 11, 2010 at 1:19 PM, Bhavuk Arora <ar.bhavuk () gmail com> wrote:
Wow
This has been one of the most delightful little sparring session. With no
head or tails though. If by pure number crunching, we, humans were capable
of ascertaining actual risk, our world would not be in a moshpit right now.
I think people at the Wall Street were also number crunching risk analyst.
Look at them now. I wouldn't place my bets on measuring It risk either.
Thanks and Regards
Bhavuk Arora
a student forever

[SNIP]

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