July 24 2012 Cathy O'Neil, Wall Street Quants - Center for Popular Economics

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July 24 2012 0:34:52

July 24 2012 Cathy O'Neil, Wall Street Quants - Center for Popular Economics

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Комментарии
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Wow! Brutal honesty. I loved the talk and her authenticy. Respect!

jaytsecan
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Regarding the point of the perfect modelling of health insurance and people left without insurance as a consequence, a similar example already applies to home insurance for houses in earthquake / hurricane exposed regions. In coastal Florida regions for example, you will not get an insurance policy in the market. However, there are government schemes to provide insurance instead. This is a well known problem to which the solution has been provided long time ago. Similar arguments would apply to all of the other horror scenarios brought forward in this video.

slimnote
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If, as you advise, that the LIBOR collusion was an "Open Secret", why did you not report it?

Considering how outspoken you have been in your OWS role, why did you not speak up?

Your credentials as a Wall Street expert seem very suspect when you consider your very short and choppy work history outside academia.




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