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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Bear Stearns and the Vagaries of Models | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="d9AGB7Eql6"&gt;&lt;a href="https://www.nakedcapitalism.com/2007/06/bear-stearns-and-vagaries-of-models.html"&gt;Bear Stearns and the Vagaries of Models&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2007/06/bear-stearns-and-vagaries-of-models.html/embed#?secret=d9AGB7Eql6" width="600" height="338" title="&#x201C;Bear Stearns and the Vagaries of Models&#x201D; &#x2014; naked capitalism" data-secret="d9AGB7Eql6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>We had wanted to write about the role of models and more important, model assumptions in the ongoing Bear Stearns hedge fund debacle, and Gretchen Morgenson of the New York Times, in her story, &#x201C;When Models Misbehave,&#x201D; provided some useful intelligence. With all due respect to Morgenson, while she touches on some dimensions of the [&hellip;]</description><thumbnail_url>https://image.minyanville.com/assets/FCK/Image/Charts3/clip_image001.jpg</thumbnail_url></oembed>

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