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Saturday, March 21, 2009

Toxic Asset Plan Foresees Big Subsidies for Investors - NYTimes.com

Toxic Asset Plan Foresees Big Subsidies for Investors - NYTimes.com
Moronic disgrace.
Design complexity here is no substitute for discernment.
I cry a river over this.
See: http://knol.google.com/k/phil-kongtcheu/fair-value-pricing-government-market/

"TARP Toxic (Illiquid) Assets Pricing Model" from the Wolfram Demonstrations Project

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