Satyajit Das on What Went Wrong With Finance ? naked capitalism

Rob Johnson interviewed world renown derivatives expert Satyajit Das on the evolution of modern finance. As Das recounts, he got in more or less on the ground floor as sophisticated new products and modeling techniques were introduced. Although Das is wry and understated in his criticisms, he is clearly skeptical of how the financial services industry has evolved.

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Source: http://www.nakedcapitalism.com/2011/12/satyajit-das-on-what-went-wrong-with-finance.html

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