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Global High Yield Option Adjusted Spread

Global High Yield Option Adjusted Spread

Tuesday, June 23, 2009

Nice joke from Dr. Henry Hu in front of the Banking Committee on Derivatives

Three econometricians go out hunting in Canada and see deer.

The one econometrician shoots and misses three feet on
the left. The second econometrician shoots and misses three
feet on the right. The third econometrician does not shoot
but shouts: "We have got it! We have got it!"

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