Taleb got it right, Pablo Triana says, noting the Black Swan author was the only pundit that...

Taleb got it right, Pablo Triana says, noting the Black Swan author was the only pundit that predicted misunderstood VaR data would lead to an apocalyptic blowup. The crisis, he says, wasn't so much a housing crisis as a trading crisis, as the complex securities based on risky mortgages imploded.