Value at Risk

I don't need to tell you that this financial crisis involved financial fraud, murder, and annihilation of the worst kind. Shouldn't media people want to dig in and truly get what happened?

To my knowledge this is the first time that a financial theory is put on the spot like that, the inevitable consequence of having endured a theory-caused meltdown of biblical proportions.

The world at large was being told something which was plainly not true. The real innovators were ignored, the faked ones were glorified.