The Key to the Financial Crisis

The book liers poker is largely about this change. Write about how they become risk taking enterprises. And in fact, you write at great length about the trading of what are called private mortgage back securities. These securities wind up, decades later, at the heart of the two thousand eight financial crisis. It's like this this weird key to the financial crisis. You need a couple of keys to get to oi crisis, right? The introduction of a new kind of complexity into finance. All of a sudden there is some benefit to having higher math skills on a trading floor.