在华尔街工作的人讲述的华尔街见闻和趣事(People who work in Wall Street tell stories and interesting things about Wall Street).docVIP
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在华尔街工作的人讲述的华尔街见闻和趣事(People who work in Wall Street tell stories and interesting things about Wall Street)
在华尔街工作的人讲述的华尔街见闻和趣事(People who work in Wall Street tell stories and interesting things about Wall Street)
Telling men of Wall Streets Wall Street informative and interesting, and watched the play boring everyone right
One
Last year we were subprime decimated, bane is called a structured mortgage mortgage bond products, nature is very simple, is the bank loans packaged into a variety of structural bond rating, investors sold. The business, which has been booming since 2000, is as lucrative as printing presses, and the key driver is the pricing of such mortgage bonds. When a name is David Lee Chinese a careless article, put forward a simple mathematical model called Copula pricing of mortgage bonds, found by bankers feel after use value, so the banks use this pricing tool for large-scale bond rush on like a swarm of hornets reselling, to 07 years of real debt products have formed several trillion market the size of the Spilled water cannot be gathered up.. The Jews earn pours, Li did not assigned to the number of soup, only in a mixed barkla department.
Later, people suddenly realized that sex unable to get up after a fall, with the Copula model in recent years is full of shit, this should be offset by the risk of a crisis into a linkage, to buy bonds sold hundreds of millions to tens of millions, with the original price is different, dubbed financial toxic waste. The victims have to spearhead the teacher. The Wall Street Journal said it is the subversion of the Wall Street formula, the Financial Times said Miss Li is our country spy was sent to the Wall Street. So the days are no longer good, and Li hurried back to China and made a chief risk officer in the airborne gold. After the foreign media from time to time there are calls to ask when the gold old, can not cope with the company had to send the spokesman announced that Mr. Li heart has been converted, devoted to the study of risk control, and no longer ask paste back the subprime mortgage bond.
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