Wow, had missed that The Fabulous Fabrice Tourre has taken a PhD in economics, now teaches finance at Copenhagen Business School, and has just published a very interesting if nerdy paper out on sovereign debt dynamics.https://www.nber.org/papers/w28599?utm_campaign=ntwh&utm_medium=email&utm_source=ntwg23 …
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Have you checked out the disclaimer?https://fabricetourre.com/disclaimer/
I love that the fastest way to find this from the twitter app is to search for @InfoRatioed’s profile
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@InfoRatioed's Tourre? Good on him though, to me he always felt a bit like a sacrificial lamb. -
Wasn't abacus one of the less offensive cases? Goldman was transparent about what mortgages were included in the deal, just not how the mortgages were selected, but tht shouldnt matr, since u shouldnt sell a CDS on a clearly defined port unless you like like the R/R of that portf
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