No, it's about Polish coal mines.It's still about the Germans, isn't it?
CDO pricing was never "science". Doesn't matter what they used.I don't know about you but I don't believe in democracy in science. 97% of CDO houses used Gaussian copula together with base correlation.
Commerce they got. Can't wait until they get to the "peace and honest friendship" part!"Peace, commerce, and honest friendship with all nations-entangling alliances with none."It's nice to have allies, you know.