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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

That’s just the math. The remaining money was leveraged into the financial system. And this was accumulated into the financial system and financial markets. If you’re not in it, you’re not going to benefit from the upside. As a result, the money just tsunamied upward in a very short period of time.

Banking 100
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Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards

PYMNTS

Petal wants to change the math on how consumers gain access to credit – and turn the tables on how creditworthiness is assessed. Today, they mostly can’t – but in the world of Petal’s newly released product with WebBank , it is their sincere hope that availability becomes a more regular part of the financial system, and soon.

Math 53
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Transcript: Christine Phillpotts, Ariel Investments

Barry Ritholtz

And I did a lot of options math, which I thought was interesting. 00:12:54 [Speaker Changed] Well, what was interesting is, particularly for the segment of the markets the fund was focused on, which is really smaller, mid cap, private equity and private credit, they were pretty unaffected by the global financial crisis. Makes sense.

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Filtering Down To The Most Impact-Weighted Work To Add Value

CFO News Room

So just most technology has been a little bit more either the pipes and infrastructure of how the financial system runs or something that lets people buy the products that they want to buy because they can just go online and buy it. And if you went through the math, it gave us hundreds of hours that a typical firm would spend.

Planning 130
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Transcript: Matt Levine

Barry Ritholtz

So like a component of it was like the standard derivatives math, right? And so like, you know, I got there and I learned derivatives math, right? It was derivatives math, it was like working with the traders on like risk management. Like people who were like kind of rebuilding the financial system from scratch.

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Most Platforms Can’t Scale, Will Fail

PYMNTS

It’s like being asked to figure out the solution to one of those unsolved math problems that mathematicians work on for years before they go insane. Now, of course, there are lots of frictions with national and global financial systems, and there are certainly better ways of doing things. WhatsApp did it, why can’t I?

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Transcript: Rick Rieder

Barry Ritholtz

You know, started with Bear Stearns, and then all of a sudden, financial institutions are levered entities. And you know, you have whether it’s derivatives, the intertwined financial system. How are we doing in literacy versus math versus science? It was one of the most famous books in education for a long time.