Comments on: “Cars have brakes so we can drive faster” – notes from a financial meltdown

By: geir

geir — Fri, 17 Jul 2009 14:31:22 +0000

Well, according to my source the quote is from “A risk manager at Glitnir bank.” Glitnir bank, of course, went bankrupt

By: kevin

kevin — Fri, 12 Jun 2009 07:58:11 +0000

Thanks. Do you know who originated that quote (“cars have brakes…”)

By: js

js — Mon, 16 Mar 2009 05:33:55 +0000

nice post,i like it,thanks

By: geirfreysson

geirfreysson — Tue, 03 Feb 2009 03:28:46 +0000

Ah, good old human generated spam. I somehow can't bring myself to delete it.

Note to self: Easy on the car metaphors.

By: Japanese Used Cars

Japanese Used Cars — Mon, 02 Feb 2009 23:55:47 +0000

Yes, the modern financial system in today's world is a complex one and we need to learn from the past lessons where great economies have failed. Our leaders however do not seem to learn from the past mistakes.

By: poker probability

poker probability — Wed, 28 Jan 2009 16:14:44 +0000

At the time of financial crises we need to come together united and try to solve the problems which are responsible for such a hazard. We need to overcome it. It is meant to bring calm to the population and markets and display government strength and stability.

By: Used Cars Maine

Used Cars Maine — Thu, 11 Dec 2008 12:10:17 +0000

Very interesting way to put that. I enjoyed your post – you really made me think.

By: Porsche Blog

Porsche Blog — Mon, 01 Dec 2008 22:56:44 +0000

Risk management models were supposed to be the brakes in the speeding car of the world’s financial system. But because of blind faith in these models the car was going way too fast, hence the enormity of the crash