To model correctly one tranche of one CDO took about three hours on one of the fastest computers in the United States. There is no chance that pretty much anybody understood what they were doing with these securities. Creating things… — John Thain Copy Share Image
I think there will be linkages between the U.S. and Europe and I think there will be linkages between the U.S. and Asia; that… — John Thain Copy Share Image
Regulators are in the best position to regulate when they are intimately knowledgeable about the activities they are regulating. — John Thain Copy Share Image
To model correctly one tranche of one CDO took about three hours on one of the fastest computers in the United States. There is… — John Thain Copy Share Image
