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Derivitives melt down explained by leading derivitives guru.. his web site is also mentioned.

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phil scott

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Dec 3, 2007, 12:37:24 PM12/3/07
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http://articles.moneycentral.msn.com/Investing/SuperModels/AreWeHeadedForAnEpicBearMarket.aspx

dont forget the 'x' on the end of this URL.

This article explains what the herd of morons running our banks were
up to... liberal arts majors with no clue about the algorthmic nature
of all things, including stooopidity.


Phil scott

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