Paul's Blog

Nurse, Hand Me That Scalpel

19th September 2008 admin 0

We all know that the relationship between credit-ratings agencies and the clients they rate is a corrupt one, reeking of moral hazard. Some of us have even laughed when told that a company is triple-A […]

Paul's Blog

Where’s Hamlet?

16th September 2008 admin 0

We’ve seen the deaths of Polonius, Claudius, and Laertes, otherwise known as house-price falls, commodity-price rises and bank collapses. There still remains the death of Hamlet himself, the final double-digit percentage stock market crash. That […]

Paul's Blog

The Same Old Same Old

1st September 2008 admin 0

Events of the last year seem to have passed a lot of researchers by. I find it both amusing and disturbing that the same people are still giving the same lectures about the same models […]