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NewsWhore
07-10-2012, 12:30 AM
JPMorgan Silence on Risk Model Spurs Calls for Disclosure (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEGRIBdShS7TWGvGi_G5pRAldMOiA&url=http://www.bloomberg.com/news/2012-07-10/jpmorgan-silence-on-risk-model-spurs-calls-for-disclosure.html)
Bloomberg
... a bank could lose if its trading bets go bad. Wall Street firms routinely give only broad outlines of how their mathematicians calculate VaR, according to data compiled by Bloomberg, and almost nothing about changes in statistical assumptions or ...

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