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Finance Geeks Behind Crisis Hard at Work on a Fix

The inventors of the CDO turn their math minds to better valuations of assets

By Clay Dillow, Newser Staff

Posted Feb 23, 2009 11:04 AM CST

(Newser) – The finance-desk math wizards who created the securities behind the market meltdown are now betting they can think their way out of the mess, the Wall Street Journal reports, working to design new systems for pricing bad assets fairly so governments can buy them off... Read full story »

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Finance Geeks Behind Crisis Hard at Work on a Fix

The inventors of the CDO turn their math minds to better valuations of assets

finance • mortgage backed securities • collateralized debt obligations • securitized loan pools • valuation • financial crisis • toxic assets

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More Newser Stories

Bailout Honchos Weigh Toxic-Asset 'War Bonds'

Treasury's new idea would allow private investors to profit from bailouts

Toxic Asset Plan to Offer Subsidies to Investors

Plan will offer loans, subsidies to investors willing to suck up bad assets

America's Biggest Banks Are Zombies

Many are already insolvent, and feds will need a bolder plan

New Bailout Plan Hinges on Private Investors

Treasury will set 'floor price' on distressed assets to lure buyers

No Silver Bullet for Crises Like These: Pearlstein

Complex financial system requires complicated fixes ... and lots of patience

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