| The Financial Tsunami Part V: The Predators had a Ball by F. William Engdahl: Colossal Collateral Damage |
| Published: February 25, 2008, 2:54 pm |
| Salomon Brothers following a scandal over purchase of US Treasury bonds. That hadn't dented his confidence. Asked whether he believed in efficient markets, he once modestly replied, "I MAKE them efficient." The fund's principal shareholders included the two eminent experts in the "science" of risk, Myron Scholes and Robert Merton. Scholes and |
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