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	<title>News Grift &#187; Dr. Benson Honeydew</title>
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		<title>Financial Engineers Behind Wall Street CDO Failures Revealed</title>
		<link>http://newsgrift.com/2009/03/16/financial-engineers-behind-wall-street-cdo-failures-revealed</link>
		<comments>http://newsgrift.com/2009/03/16/financial-engineers-behind-wall-street-cdo-failures-revealed#comments</comments>
		<pubDate>Mon, 16 Mar 2009 18:56:56 +0000</pubDate>
		<dc:creator>Ruddy Hayes</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Beaker]]></category>
		<category><![CDATA[CDOs]]></category>
		<category><![CDATA[Dr. Benson Honeydew]]></category>

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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&#8217;s authority.
&#8220;Beaker feels awful about what&#8217;s happened,&#8221; said one of his close associates that preferred [...]


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			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-170" title="beaker" src="http://newsgrift.com/wp-content/uploads/2009/03/beaker.jpg" alt="beaker" width="325" height="150" /></p>
<p>Excerpted from the Manhattan Spectrum:</p>
<blockquote><p>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&#8217;s authority.</p>
<p>&#8220;Beaker feels awful about what&#8217;s happened,&#8221; said one of his close associates that preferred to speak with anonymity.  &#8220;He feels like he was pressured by Dr. Honeydew into these false risk assessment models.&#8221;</p>
<p>&#8220;He&#8217;s in bad shape.  Last time I checked on him he was wandering around his apartment muttering to himself.&#8221;</p></blockquote>


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