>The Formula That Killed Wall Street


Given that I once achieved a certain notoriety with a single digit percentage mark in a maths exam (my story: it was a bet to see who could get the lowest mark by giving obviously wrong answers, whilst avoiding 0%…), you wouldn’t expect me to try and explain this.

Wired Magazine, however, does a excellent job of explaining what triggered the economic meltdown.

Apart from greed, that is…

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