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Dilbert
Moderators: synthetik, The Tim, Lake Hills Renter
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Re: Dilbert
by SeattleMoose » Sun Dec 14, 2008 9:47 am
Brilliant!
Very concise analogy to the "bond rating scam" that was the back end of the housing ponzi scheme.
Also summarizes the "do anything for a buck to retire by 30 without doing anything useful" crowd whose illustrious membership will help fill in the ever growing soup lines. So let's see the army of scammers and con artists will indeed be "retired" and will have produced nothing of value in becoming that way. Mission accomplished!
Very concise analogy to the "bond rating scam" that was the back end of the housing ponzi scheme.
Also summarizes the "do anything for a buck to retire by 30 without doing anything useful" crowd whose illustrious membership will help fill in the ever growing soup lines. So let's see the army of scammers and con artists will indeed be "retired" and will have produced nothing of value in becoming that way. Mission accomplished!
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Re: Dilbert
by TJ_98370 » Sun Dec 14, 2008 11:00 am
The idea of mitigating risk by aggregating a bunch of diseased "cows" together as an investment is also analogous to the way tranching systems in (subprime) mortgage based CDO's are set up. It's all math! Bad math, as it turns out.
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