Friday, October 28, 2011

Former Goldmanite Slams Wall Street’s Hypocrisies – Cronyism, Corporate Welfare and Systemic Incompetence

A man with a conscience.  Not a conscience determined if someone is watching but someone who wishes to see the world become a better place…  and make money selling a book in the process.  Haha.  All joking aside, only Emanuel Derman knows what his intent is but the article is a worthy read and supports what we have always said.  That is, quantitative finance and Wall Street’s associated betting parlor are illusions that are going bye bye. 

posted by TimingLogic at 11:20 AM