MIT experts analyze financial crisis, debate cures

Posted by Owen Densmore on
URL: http://friam.383.s1.nabble.com/MIT-experts-analyze-financial-crisis-debate-cures-tp1364627.html

This seemed to be a pretty sound analysis of the current crisis:
   http://techtv.mit.edu/file/1448/
In particular, I was surprised to see how reasonable several things I  
had thought to be "bad" were.  For example, the "securitization" of  
mortgages arose from a very reasonable desire to "smooth out" risk.  I  
hadn't understood their function before.

     -- Owen



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