Tag Archives: Nasim Taleb


News that Moves: Nassim Taleb & Mark to Mark Rules / AIG Responsible for Banks’ Profitability

Nassim Taleb: A brilliant analogy explaining the absurd and fraudulent idea of changing the mark to mark (MtoM) rules for banks. As the theory goes, under the MtoM rules of today banks are forced to use current prices to value assets they intend to hold long term. The proponents of a rule change blubber that this is unfair because the […]