Saturday, June 27, 2009

Why I LIke Paul Volcker

From a recent Bloomberg profile:

Volcker has long been suspicious of financial products that most
people can’t understand.

One of his four grandchildren, Colin Zima, heard about it a lot when
he studied financial engineering.

“He would constantly joke about me studying to be a crook,” says
Zima, 25, who worked at UBS for a year before taking a job in 2007 as
a statistician at Google Inc. in San Francisco.

The new job made his grandfather happier, he says.