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Re:The Quants: Formula for a Meltdown by mschy on Sunday January 24, 2010 @07:06AM (#1073232)
The article struck me as anti-intellectualism run amok. I didn't even see a hint of anything indicating that quants were especially to blame.
Re:The Quants: Formula for a Meltdown by Tangurena on Sunday January 24, 2010 @11:33AM (#1073417)
I see this as a scape goating of the quants. Not the mismanagers who hired and profited from the quants. The culpability of the mismanagerial classes are being whitewashed away.
Re:The Quants: Formula for a Meltdown by spamizbad on Sunday January 24, 2010 @02:52PM (#1073698)
I feel the same way. They make it sound like quants are these high falutin half-Gordon Gekko/half-Charlie Epps figures who use their sheisty siren call of maths to seduce the otherwise noble and innocent investors into foolish endeavors. That's simply not the case: it was the other way around.
Re:The Quants: Formula for a Meltdown by lucifer on Sunday January 24, 2010 @10:46AM (#1073375)
The OP source is one of the organs of record for a specific political set and this is probably the outlines of the (official) emerging sacrificial goat theory for the collapse. The "anti-intellectual" aspect is likely incidental beyond its nice fit with a strategy designed to deflect the certain anger and energy of the ripped off population.