(Un)Calculated Risk | by Peter Orr of Intuitive Analytics

The NYTimes and the 0.14% that Swallowed Your Town, pt3 (final)

Posted by Peter Orr on May 31, 2010

In the 2nd post on the topic, Dan Cooreman of the Sunday Business section indicated that the problems Gretchen Morgenson spoke to in her article,The Swaps That Swallowed Your Town, were in fact related to the variable rate instruments.  He seemed to agree with exactly my point but ultimately, my final words (below) to the Times editors on the topic have gone unanswered.

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