The Credit Crunch and the Digital Bite.
This article discusses the role played by computer software programming in the development of the 2008 financial crisis. The history of financial products such as paper currency, foreign exchange options, and credit-default swaps is described. The tendency of financial institutions to manipulate inv...
| Publicado en: | Computer (00189162) Vol. 42; no. 1; pp. 116 - 118 |
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| Autor principal: | |
| Formato: | Artículo |
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IEEE
Jan2009
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=36111279&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 36111279 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00189162 PUT jtl: Computer (00189162) issn: 00189162 maglogo: N pubinfo: dt: Jan2009 vid: 42 iid: 1 pid: 13605 pub: IEEE artinfo: ui: 36111279 10.1109/MC.2009.27 ppf: 116 ppct: 2 formats: tig: atl: The Credit Crunch and the Digital Bite. aug: au: Holmes, Neville affil: Honorary research associate, University of Tasmania's School of Computing and Information Systems. su: Financial crises Investment banking Financial instruments Computer programming Risk assessment Professional ethics Ethics Computer software sug: subj: Financial crises Investment banking Financial instruments Computer programming Risk assessment Professional ethics Ethics Computer software ab: This article discusses the role played by computer software programming in the development of the 2008 financial crisis. The history of financial products such as paper currency, foreign exchange options, and credit-default swaps is described. The tendency of financial institutions to manipulate investment instruments based on inadequate risk assessment is noted. The author believes that computer engineers bear responsibility for the financial crisis insofar as they understood the underlying financial instruments that their programs were being used to design. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2009 holdings: @attributes: islocal: N |
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