Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Also, anyone with an ounce of statistical sense knows that an "implied probability of default" of 0.04% annually is ridiculous on its face even if allegedly estimated from historical data...

The brainless should not be in banking -- Willem Buiter
by Migeru (migeru at eurotrib dot com) on Sat Mar 27th, 2010 at 07:29:18 AM EST
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