I’ve written about how my aunt calls me when the markets fear her. Needless to say, she’s been calling loads.
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Since the global monetary disaster a decade ago, banks, asset managers, insurers and regulators have been looking for better ways to handle financial risk. The solution may lie in excessive-performance computing, say EU-funded researchers who have developed novel monetary fashions and algorithms to enhance their financial danger administration.
Recently I was speaking to someone concerning the mainstream press’s protection of final September’s earth-shaking occasions, and that acquired me eager about what the main newspapers were highlighting on their entrance pages. I thought it might be interesting to see, with the advantage of hindsight, what they have been highlighting and how important they thought it was. So listed here are the front pages (above the fold) of the Wall Street Journal, New York Times, and Washington Post on varied days in the financial disaster. I couldn’t find PDFs of the Financial Times from final September, which is unlucky (although FT staff should be at liberty to assist me out on that entrance!). I also included the total front page of the USA Today from September 15, 2008—the day after Lehman filed for bankruptcy—because it is just too rattling funny.
Obviously the title is a headline grabber, otherwise why would I click to read the contents. However the contents is reasonably far fetched from what I expected it to be. Instead of anticipating an excellent stable case examine backed with reliable figures on what might set off a bigger international crisis, I acquired a write-up of a public funding seminar by a certain particular person from an investment organization. Big disappointment there!