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The mathematical equation that caused the banks to crash

Stewart, Ian
http://www.theguardian.com/science/2012/feb/12/black-scholes-equation-credit-crunch

Publisher:  The Guardian
Date Written:  12/02/2012
Year Published:  2012  
Resource Type:  Article

The Black-Scholes equation was the mathematical justification for the trading that plunged the world's banks into catastrophe


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