"THE VIEW FROM OUTSIDE MY TINY WINDOW"
Showing posts with label subprime. Show all posts
Showing posts with label subprime. Show all posts
Saturday, October 11, 2008

Post 53a: Understanding the Word Swaps and their Role in this Financial Mess

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Earlier this week, we mentioned that several former CEOs of AIG Insurance testified before the House of Representatives. During the course o...
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About Me

Inspector Clouseau
Although there are other Fellows (namely the Logistician, the Laughingman, and the Optimizer) affiliated with the Institute for Applied Common Sense, I write the majority of the articles posted here. I am someone who was fortunate enough to obtain a decent education and to travel extensively. I had all of the good breaks and luck in the world, and still managed to muck up and disappoint others who invested their faith in me. Although I am obviously not a role model for others, I wish to share my insight (and that of the other Fellows) and experience so that others might not travel down the wandering, non-goal orientated, complicated path which I traveled. I am an individual who discovered, far too late in life, my purpose in the universe, and something about which I could feel passionate. I do not want to see our youth, particularly college students, have to wait so long. Finally, and perhaps most importantly, I am someone who accepts 110% responsibility for all that has occurred to me, and does not think of himself as a victim.
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