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Author
Publisher
John Wiley & Sons
Pub. Date
2010
Physical Desc
1 online resource (xxxi, 143 pages) : illustrations
Language
English
Description
The recent financial crisis has highlighted the need for better valuation models and risk management procedures, better understanding of structured products, and has called into question the actions of many financial institutions. It has become commonplace to blame the inadequacy of credit risk models, claiming that the crisis was due to sophisticated and obscure products being traded, but practitioners have for a long time been aware of the dangers...
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