I recommend The Quants—those guys weren’t just hiding risk in mortages, and it’s plausible that they were so hooked on competition and smugness that there was a lot of risk they were failing to see. They weren’t just hiding it on purpose.
I recommend The Quants—those guys weren’t just hiding risk in mortages, and it’s plausible that they were so hooked on competition and smugness that there was a lot of risk they were failing to see. They weren’t just hiding it on purpose.