Al Capital

Rogue Traders and Economic Capital

Chris, I strongly agree with your general argument, and I have been making the same argument since August. Also refer to Part III of "High Noon at the Wall Street Corral"

mnrtrading.blogspot.co...

However, I disagree with you regarding the Feds further easing. They have no real choice at this point in time. They need to stabilize the financial markets long enough to unwind things. Then let's get down to talking serious reform.

By the way, I cite your work in that August post.

mnrtrading.blogspot.co...