Has anyone ever seen a research paper about the premium/discount at which corporate bond are issued vs existing issues, and about the market impact of new issues on previoulsly issues bonds?Regards,GT

<t>Nevertheless, at the re-insurance level, new players emerge regularly. For example, after the big losses experienced in 2001, new re-insurance cos were set up with lots of capacity, and it seems they did not experience high barriers to entry. Indeed, the (global) re business seems as unregulated ...

Nevertheless, has Britney Spears ever promissed to keep her C++-virginity until she attended University ?

Nonius and al, Are you sure none of James' students ever happen to wander in Wilmottland ?

Open a new Word document. Type "=rand(1,1) " Press <enter> and have fun. It works, at least, on Word 2000 US.

There are exactly 19,135 triplets for which (a+b+c)<95, 20,096 for which (a+b+c)>95 and 480 for which (a+b+c)=95.(And one can check that 19,135 + 20,096 + 480 = 39,711 = 63!/(60! * 3!) )

<t>QuoteOriginally posted by: leepya number of quants are invited to a dinner party.it turns out that every two quants have exactly one common acquaintance prove that there is somebody at the party who knows everybody.But for the above assumptions to be true, the host is not a quant him/herself, and...

Maybe the one who invited the quants knows all of them !

Has anyone seen unusual activity in the CDS market for German banks ?...

Why not think in VaR terms ?If you fly with a regular airline once a week, what may be your VaR, with 1yr horizon @ 99.99% ? According to historical data, 0.000.Maybe Var is scary...

I consider the WSJ as THE reference for business, finance, and a large overview of international and US politics.news.google.com offers a wide range of news consolidated in one place, but not all source are reliable. reader beware !For fun, why not have a look at the Smoking Gun ?

And let's not forget the vindication of cuban cigars while promotting the smoke-free trend...

One must aknowledge that President Clinton contributed to the spread of the Internet by (unwittinggly) providing the underlying material to lots of funny e-mails and humour websites.

Any Wilmotter attending the Barra conf in London this week ?The venue (Madarin Oriental hotel) is definitely top class !

I'm looking forward to seeing if James actually looks like Bachelier. So I'll try to be there and have a few drinks before diner.