Word: demonism
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Dates: during 2000-2009
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...Bookstaber has run a quantitative equity hedge fund and has overseen risk management at several large hedge funds and investment banks. He is the author of A Demon of Our Own Design (Wiley, 2007). He can be reached through his blog rick.bookstaber.com...
...CDOs crafted from credit-default swaps, none of which had experienced a down market. "The problem is that CDOs were untested. There was not much history to suggest CDOs would behave the same way as AAA corporate bonds," says Richard Bookstaber, a hedge-fund manager and author of A Demon of Our Own Design, who views market palpitations as a predictable by-product of complex financial products like CDOs. (For the author's take on the subprime disaster, go to time.com/bookstaber....
...rapidly promoted by Blair, who once compared his precocious protégé to Wayne Rooney. The lanky, bookish Cabinet Minister may not seem to have much in common with the stocky, inarticulate Manchester United footballer (though Miliband proved a decent defender in Labour's soccer squad, the Demon Eyes). But like Rooney, Miliband is rated as a key player, with ample potential to score for his country...
Hoover was a difficult dog. Bassets are genetically narcoleptic, but ours made a case for canine Ritalin. He careered around the apartment possessed by a long-eared, drooling demon. He practiced situational bladder control on our cherry-wood parquet floors. He grew into 60 lbs. of torso with 3-in. stubs for legs, yet he could do a dead leap off the kitchen floor to swipe a pizza off the counter. Plus he bayed--a siren of woo-woos that endeared us to our condominium neighbors. But after every misdeed, he would turn his googly-eyed gaze...
...wife and film critic David Thomson through Death Valley in a 1990 Coupe de Ville with a temperature indicator on the dashboard - we hit 108 mph when the air outside was 108 degrees - my usual feeling behind the wheel is the apprehension that I'll be sideswiped by demon-driving jerks like the ones in Death Proof. When Zoe's and Mike's cars go barreling onto a highway, forcing the other drivers to go swerving and smashing, I imagine myself as one of the innocent victims of this rampage, not the caraholics I'm supposed to be rooting...