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Mar
16
2009

Financial Engineers Behind Wall Street CDO Failures Revealed

beaker

Excerpted from the Manhattan Spectrum:

Dr. Honeydew turned down our request for an interview, but directed us to a recent press release of his that firmly placed the blame on Beaker, categorizing him as a rogue quantitative analyst that acted without Honeydew’s authority.

“Beaker feels awful about what’s happened,” said one of his close associates that preferred to speak with anonymity.  “He feels like he was pressured by Dr. Honeydew into these false risk assessment models.”

“He’s in bad shape.  Last time I checked on him he was wandering around his apartment muttering to himself.”

Written by Ruddy Hayes in: Business | Tags: , ,
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