*** EDIT: This was already posted just yesterday; apologies for the duplicate post ***
*** FRED, Please delete or move ***
*** FRED, Please delete or move ***
I was made aware of Janet Tavakoli yesterday by symbols.
After some research about her work, I found the below-noted interview both current and relevant.
During this interview, Ms.Tavakoli makes some interesting comments about the current economic situation, particularly about mortgage-related CDOs leading up to the current crisis.
She is the author of Dear Mr. Buffet, Structured Finance and Collateralized Debt Obligations and Credit Derivatives & Synthetic Structure.
Notable quotes:
"There are a lot of nudist in America right now" - Tavakoli
"We have a financial oligarchy" - Tavakoli
"This was not a model issue; this was a management issue" - Tavakoli
"We have a financial oligarchy" - Tavakoli
"This was not a model issue; this was a management issue" - Tavakoli
(Runtime: 59 min.)
C-SPAN: Our guest is Janet Tavakoli, author of Dear Mr. Buffett: What an Investor Learns 1,269 Miles from Wall Street." She describes her meetings with investor Warren Buffett prior to the economic downturn. Program from Sunday, April 19, 2009.
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