RTG-14-2009-01-22

My first appearance on Adam Curry’s Daily Source Code on 8 April 2008. ¬†Discussion on the four main types of risk which include (1) payment risk, (2) counter-party risk, (3) exchange-rate risk and (4) performance risk. ¬†Derivatives play a huge role in the evaporation of the current system. ¬†Entire markets are gone such as Auction Rate Securities, Mortgage Backed Securities, etc.