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Big hearings in Congress today about how evil derivatives and the quants who build them are. They are a threat to government as we know it. Don't tell anyone but the "intermediation of political risk" was one of the greatest invention of the 1980s. Combine same with strong crypto and you almost have to feel sorry for the public employees in our midst. Watch out for a little downsizing.
Aw c'mon Duncan. Derivative of what? What's a quant? Where was the term ``intermediation of political risk'' used? I love your postings when I can make sense of them. This one is so well encrypted I can't.
To show that I'm a charitable guy, I have some free advice to anyone reading this who is involved in "taking the King's shilling":
Do you really think that such people deserve charity? John E. Kreznar | Relations among people to be by jkreznar@ininx.com | mutual consent, or not at all. -----BEGIN PGP SIGNATURE----- Version: 2.3a iQCVAgUBLayny8Dhz44ugybJAQFnxwQA3ds9LuJq5S5DSoyh1YUC4C1I5osjcbbY 7CWVwE4NWG0vVuUuhiWuY758MhAfTUq0cvaVGI+fuMV6vyY8gG+muWR8QcDQZPpY bHoPSHgg/zzK1pfzJEM7LguIQsszzWAdJ6OllOsB0OfqwiaAiAphzF1HC/od+iqb R7hAJ5Kx1CU= =hqdA -----END PGP SIGNATURE-----