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Computer Models and the Mortgage Crisis
Interesting article in a NYT blog: How Wall Street Lied to Its Computers
December 2, 2008 1:06 pm at 1:06 pm (December 2, 2008)
http://thedailywtf.com/Articles/The-Great-Excel-Spreadsheet.aspx
In this case you didn’t even have to lie in order to get bogus recommendations for the stock market…