November 22, 2012
Streetwise Professor » It’s Contagion, Stupid-Not Interconnectedness.
Craig writes about a long paper on the downfall of Lehman, and that herd behaviour is more to blame than interconnectedness.
The link to the long PDF is at the top of Craig’s posting, I have yet to get through it yet, but my iPad is at the ready.
Streetwise Professor » It’s Contagion, Stupid-Not Interconnectedness..