David Einhorn’s Talk on “Private Profits and Socialized Risk”
Sunday, August 3rd, 2008 @ 11:23 am
| Financial Engineering
Talk given at Grant’s Investment Conference, April, 2008. Provides analysis of Value at Risk and where this metric gives misleading result and how Einhorn questioned ratings agency analysts about hedge and counterparty risk for major financial institutions. A fascinating read. See the pdf link here.
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