Quants vs Congress

[John E. Kreznar]

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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 at ininx.com	| mutual consent, or not at all.

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