Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Get HideMyAss! VPN, PC Mag's Top 10 VPNs of 2016 for 55% off for a Limited Time ×
Businesses

Submission + - Mortgage Securitization Software Author Mea Culpa (nymag.com)

TheSync writes: "New York Magazine has an article written by Michael Osinski, an author of early software to enable collateralized mortgage obligations (CMOs). He even created a language for mortgage-backed bonds called BondTalk. He says "I never would have thought, in my most extreme paranoid fantasies, that my software, and the others like it, would have enabled Wall Street to decimate the investments of everyone in my family. ""

Slashdot Top Deals

Some people have a great ambition: to build something that will last, at least until they've finished building it.

Working...