Date broadcasted: 25-01-2010
Last year the world verged on the brink of the abyss, during a quants induced collapse of the financial markets. Quants are the mathmaticians and programmers in the machine room of our global financial system. The documentary speaks with the smartest 'kids' on Wall Street.
Inside stories how bad mortgage loans were cut into profitable financial derivatives.
How our financial markets became more and more dependant of models and algorythms, while boards of directors blissfully ignorant were lead by those whizkids.
Unnerving is how things were back to business as usual within a couple of months.
Documentary Quants click to view
Basic information on financial databases: cook books, tips and tricks & economic news
This blog contains schematic easy to grasp - hands on - help in performing searches in economic databases, making work sets and making them inter-exchangeable between the databases.
* Disclaimer. I am not a finance professional. Most posts are the result of personal findings.
Note:
All presented images are scaled and can be enlarged to original size (click the picture).
* Disclaimer. I am not a finance professional. Most posts are the result of personal findings.
Note:
All presented images are scaled and can be enlarged to original size (click the picture).
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2/10/2010
VPRO Documentary: Tegenlicht: Quants: the alchemists of Wall Street
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