Quotation by

Richard Dooling

Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations a

Richard Dooling

Computers

Understanding this quote AI Analysis

Financial experts and analysts often try to clarify complex financial products called credit default obligations to ordinary people but consistently do not succeed. This failure happens because these instruments are so complicated that even the experts themselves do not fully understand them.

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