My bankruptcy lawyer, among others, is quite aware of my financial illiteracy (something I’m not proud of). Which has likely made it amusing, for the five to ten regular readers of this blog, as I worried about having to get an MBA in order to understand NYC’s then-peaking real estate market. I wanted to simultaneously get a Ph.D. in philosophy, so that I could find a way to articulate that whatever allowed these guys to get away with what they were doing,  it was wrong.

Now, thanks to the invaluable Sullivan, I learn that the degree I was really missing? I could have written their kind of lucrative fictions – but I needed to use advanced mathematics.

I can’t wait for the episode of the show above entitled The Gaussian Copula.