Tuesday, September 16, 2008

Explaining the Crisis

Ralphie de Santos, once head of Equity Derivatives Research and Strategy at Goldman Sachs, (gosh, you can find socialists in the strangest of places) has a few interesting essays on the SSP website. This one, written before the collapse of Lehman Brothers, is a particularly informative account of the origins of the credit crunch and analysis of some of its likely effects.

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