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Greenspan: Don't Blame the Nobel Winning Models

Posted by longdongsilver 1205 days ago (http://optionsnewsnetwork.blogspot.com)
Category: Economy | Tags: alan greenspan fed federal reserve
The models that we used to evaluate securities and risk in financial markets were Nobel Prize-winning models. It’s just that we input the wrong data… since we were relying on market information from the past ten years only.
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