Well they finally found it. The one person to blame for the entire financial crisis. The man who made it easy to create and rate CDOs. David X. Li - The inventor of the Gaussian Copula
posted by JPD on Feb 24, 2009 - 93 comments

Have we ever been more emotionally volatile, more in thrall to our sensations than now? We had become used to viewing all our neuroses as crises; now a genuine crisis was upon us, it was a cataclysm. Atheist or believer, we have in the last decade been primed for an end-time of sorts, with a stock of latent fears ready and waiting. Suddenly, all of those fears had an outlet.

Tim Adams contemplates the new Age of Anxiety.
posted by Sonny Jim on Jan 4, 2009 - 28 comments