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To the Brink of Destruction最新文献

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Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-010
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引用次数: 0
8 I’ll Be Gone. You’ll Be Gone 我要走了。你会离开
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-009
Daniel McKewen
'I'll Be Gone, You'll Be Gone' is a sculptural work that responds to the story of David X. Li's 'Gaussian Copula Equation' and its role in the 2008 Global Financial Crisis. The bronze plaque is displayed as if in the process of removal, referencing the previously exalted (and now maligned) position that the formula held in stockbroking offices such as those of Lehman Brothers. The title of the work references a figure of speech used by financial services professionals, the popular use of which emerged during the aftermath of the GFC. The idiom expresses the flippant, dismissive, and irresponsible attitudes of certain brokers and traders towards risk management in general. This attitude was exemplified in the inappropriate use of Li's formula as a way to assess an institution's exposure to potentially calamitous financial scenarios. In both its formal material qualities, and the concepts that underpin these creative decisions, the resulting artwork reflects on such attitudes and the related power structures of the financial services industry that foster and reward such hubris and greed to the detriment of the global economic system.
《I'l Be Gone, You' re Be Gone》是一件雕塑作品,反映了David X. Li的“高斯Copula方程”的故事及其在2008年全球金融危机中所扮演的角色。青铜牌匾的展示就像在移除过程中一样,参考了这个公式在雷曼兄弟(Lehman Brothers)等股票经纪办公室中曾经被尊崇(现在被诽谤)的地位。作品的标题引用了金融服务专业人士使用的一种修辞手法,这种修辞手法在全球金融危机之后开始流行。这个成语表达了某些经纪人和交易员对风险管理的轻率、轻视和不负责任的态度。这种态度体现在不恰当地使用李的公式来评估机构对潜在灾难性金融情景的敞口。在其正式的材料质量和支撑这些创造性决策的概念中,由此产生的艺术品反映了这种态度和金融服务业的相关权力结构,这些权力结构助长并奖励了这种傲慢和贪婪,从而损害了全球经济体系。
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引用次数: 1
2 The Agencies and What They Do 2机构及其职能
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-003
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引用次数: 0
7 Addendum: Convenient Villains and All-Purpose Bogeymen 附录:方便的恶棍和万能的妖怪
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-008
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引用次数: 0
3 How to Think about the Agencies 3如何看待代理机构
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-004
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引用次数: 0
1 Introduction 1介绍
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-002
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引用次数: 0
Frontmatter
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-fm
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引用次数: 0
5 Cogs in the Wheel of Financial Destruction 金融毁灭车轮上的齿轮
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-006
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引用次数: 0
4 The Agencies and Financial Innovation 4机构与金融创新
Pub Date : 2021-11-15 DOI: 10.1515/9781501760266-005
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引用次数: 0
期刊
To the Brink of Destruction
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