主题：【原创】熊死蹬有机可乘？ -- 倥偬飞人
the author does not discuss the importance of the first loss position in the cash or synthetic CDO. Moreover, the usage of the one factor Gaussian copula model has already been criticized in the 2005 market turmoil, see GM and Ford.
The biggest problem in the CDO market or CDO pricing is the correlation of the default. They have fat-tails and cannot be captured by the first two moments.
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😥我只希望中国不要去接盘买单, 做冤大头. truth 字32 2007-07-15 02:25:59
🙂熊死蹬已经有人开始考虑买进了。 张家兄弟 字211 2007-07-06 08:32:53
🙂somewhat technical article 1 uphere 字161 2007-07-04 16:59:52
🙂some claims are not true...
🙂I had to read this to understand uphere 字192 2007-07-05 08:09:23
🙂BSC的BALANCE SHEET怎么样? 俺就是俺 字427 2007-07-01 18:10:12
🙂BSC出手是为了掩盖丑陋的真相 倥偬飞人 字460 2007-07-01 21:01:24
😁AHM 你肯定是赚死了。 铁手 字0 2007-08-14 16:33:26