
f(big loss) =
∑ (High dependency on the Quant Retards) + (Treating Ivy League College grad CEOs as GODs) + (Lack of strategies in the World Macro) + (Extreme Arrogance of Domestic Micro) +…..Political Quagmire, Federal Reserve Policies……
= Internal Subprime and Credit Crisis
= Billions of Dollars of Corporate Write-Downs