“It’s a fantastic project,” he assured me. “It’s about risk management. They need a lot of help. It’s pretty scary down there. I’m going to position you as a risk management expert.”
“You know I never did any work in the risk management area, right?” I said. He replied: “Relax! We have three weeks before the project starts.”
As both Roland and I knew, however, my supposed preparation for the job was beside the point. All we needed was a handful of models and pile of numbers.
This serves as a reminder the theme of this year’s Ig Nobel Prize ceremony is RISK, that the keynote address will be given by Benoit (The Misbehavior of Markets: A Fractal View of Financial Turbulence) Mandelbrot, and that “The Big Bank Opera” will have its premiere.