It might look like the market is changing but my view is that it is just short term. The market is dried up of liquidity and unless we have enough liquidity there is very little chance of market revival.!
Goldman: Better Risk Process or Just Better Outcome? [View article]
I found this article interesting as I have been wondering since this crisis started as to what is different in Goldman that led it to such heights... Is the case that Goldman was plain lucky this time as opposed to LTCM and Dotcom or it has really excellent risk management.. This still remains an open question.!!!
Looks like that the worst is yet to come. With Goldman predicting that there are around a trillion debts in securitisation, this looks like just the tip of an ice berg..! lets see how the market moves.!!
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Goldman: Better Risk Process or Just Better Outcome? [View article]
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