Machinic Unconscious Happy Hour cover image

Jon Roffe - Deleuze and Abstract Market Theory

Machinic Unconscious Happy Hour

CHAPTER

Response to the 2008 financial crisis and the complexity of CDOs

This chapter explores the response to the 2008 financial crisis and the role of ethics panels and oversights in preventing future crises. It discusses the complexity of CDOs, the pricing of CDOs and different tranches of credit default swaps, and the significance of volatility in pricing tools like Black Sholes.

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