Paul Wilmott has an op-ed in today's NYT....

[sridhar]

Us FRM candidates might appreciate hearing from one of our authors about the current mess...

"For Wall St, Greed wasn't good enough."

http://www.nytimes.com/2008/09/18/opinion/18wilmott.html?ref=opinion

 

[David Harper CFA FRM]

Thanks Sridhar for the link. I so admire Wilmott for his common sense and not making idols of the quant models he masters. Let's hope his themes find even more emphasis in next year's FRM's: governance, incentives, case studies, model risk, and counterparty risk (counterparty risk is no babe in the woods anymore). David