Mais um Motivo para Retirar o Nobel de Merton e Scholes

Segundo o professor da GSB de Chicago, Luigi Zingales: "The current crisis is the direct consequence of the Long Term Capital Management bailout orchestrated by the Federal Reserve of New York ten years ago. It was the conviction that the Fed would always intervene to rescue traders in a liquidity squeeze that induced banks and financial institutions to leverage up to and take increasingly aggressive gambles".