Archive: September, 2009

Risk Psychology & Neuroeconomics Society 2009

Back and rested from a weekend trip to academia – The annual Society for Neuroeconomics meeting, held in Evanston this year, reviews a cornucopia of pre-publication research papers centered on the topic of decision making under risk and ambiguity. With everything from electrodes being implanted into patients who were having brain surgery for intractable epilepsy [...]

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Another one-year later post – with a twist

A year ago tonight I was merrily watching my Cleveland Browns actually win while on a Jet Blue flight to the CME’s Inaugural Global Financial Leadership conference when my first cell beep on landing was Bill Long calling to say LEH was BK and ML was BAC. 365 days after that watershed event we have [...]

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The SEC misses Madoff – not once, not twice but five times in 16 years?

Per the Washington Post “But in each instance, inexperienced officials, at times ignorant of other agency probes into Madoff, took his explanations at face value and did little to verify them.“ Why would anyone – no matter how inexperienced – take a potential criminal at face value? I mean no one intentionally tries to fail [...]

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