Computing the cost of banking’s balls-up…
Computing the cost of banking’s balls-up
Feature When the opening line of a conversation starts, “I read an interesting number the other day”, it’s fairly safe to assume that you’re talking to someone whose business it is to know about “interesting numbers”. Perhaps unsurprisingly, these words were uttered by an economist whose ability to find god gold in the numbers is the reason why he’s been working for one of those very naughty High Street banks to figure out just how much the PPI scandal is going to cost it.…
Read more http://go.theregister.com/feed/www.theregister.co.uk/2013/08/27/data_mining_for_the_ppi_scandal/