Heard on the street: quantitative questions from Wall Street interviews Timothy Falcon Crack
Publisher: T.F.Crack

Wall Street is a symbol of the “greed and corruption” that took over America and caused this whole mess. Heck, let's even charge the banks, and unleash that $2 trillion that never escaped Quantitative Easing. €�This begs the question what's the true value of hard assets in a world in which the only value created by financial innovation is layering derivatives upon derivatives, serving mainly to drive banker bonuses to all time highs? Jenkins expounded a view widely held on Wall Street that investor concern about Herbalife's legality or its possible economic injury to "distributors" is unnecessary. Let's bring back the I just want them to protest in the right place, against the correct culprits, where they will be truly be heard. Start your morning with Dealbreaker's early rundown of headlines and breaking news from Wall Street and the world of finance. "The Beat of Sports" interviews Dave Berri about his recent post on the value of coaches. A lot can happen before Opening Bell. When you think of Wall Street, you probably conjure up thoughts of highly-educated, affluent bankers – money managers with MBAs, CFAs and a host of other credentials. Narula, seeing the decline in underwriting standards, began in January 2005 to bet against bonds tied to borrowers with poor credit, primarily through a credit-default swaps market created by Wall Street dealers including Lippmann.