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The dog in the night time: Difference between revisions
→Nothing to see here folks
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*'''They're techno trousers. They’re ex NASA'''. See also "this time is different". | *'''They're techno trousers. They’re ex NASA'''. See also "this time is different". | ||
*Inspiring public speakers - hokey aspirational hogwash mixed with virtue signalling bs. - we work: we don't discriminate on age, sex, race and together we are unstoppable. The [[virtue signalling]] is a BS detector bypass. | *Inspiring public speakers - hokey aspirational hogwash mixed with virtue signalling bs. - we work: we don't discriminate on age, sex, race and together we are unstoppable. The [[virtue signalling]] is a BS detector bypass. | ||
====Nothing to see here folks==== | ====Nothing to see here folks==== | ||
*'''Sleepy backwater''': It’s a boring and unglamorous part of the operational network. No one’s taking any risks there: Libor, Kerviel, Abodolo | *'''Narrative failures''': Control oversights brought about by overzealous application of the theory of the game. | ||
**LTCM: reliance on Black Scholars notwithstanding it's failure to manage tail events | |||
**WireCard: BaFin not able to believe that this could be corporate fraud when "mendacious short-selling" by "locust" hedge funds - aided and abetted by, ahh, investigative FT journalists - fit the BaFin's regulatory world view and seemed a better story. | |||
*'''Sleepy backwater''': It’s a boring and unglamorous part of the operational network. No one’s taking any risks there: Libor, Kerviel, Abodolo. | |||
*'''Weird whistleblowers''': The people who called it out were unglamorous, outsiders, easy to catagorise as cranks | *'''Weird whistleblowers''': The people who called it out were unglamorous, outsiders, easy to catagorise as cranks | ||