Long-Term Capital Management co-founder Robert Merton, former Maverick Capital chief macroeconomic strategist Steve Galbraith and Massachusetts Institute of Technology’s Andrew Lo were recently named by the U.S. Treasury to serve on the Financial Research Advisory Committee of the Office of Financial Research. The Dodd-Frank Act established the OFR within Treasury to “serve the Financial Stability Oversight Council, its member agencies, and the public by improving the quality, transparency, and accessibility of financial data and information; conducting and sponsoring research related to financial stability; and promoting best practices in risk management,” according to a Treasury statement. [Hedge Fund Intelligence]
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
George is in his office at Yankee stadium, he pushes 'play' on a cassette
recorder. The voice on the tape sounds exactly like George.
Voice: Chapter one. In order to manage risk we must first understand risk.
How do you spot risk? How do you avoid risk and what makes it so risky?
George: This guy sounds just like me.
Voice: To understand risk, we must first define risk.
George: This is horrible.
Voice: Risk is defined as–
George (banging the recorder): Stop it! Stop it!
The name of the book is "When Genius Failed".
Bernie Madoff sadly overlooked again
There's still room on the ethics committee
The secret to risk is having pelotas made of copper and zinc.
What does this story have to do with lacrosse?