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In Italy, Parmalat's Calisto Tanzi was charged with financial fraud and money laundering in 2008. Italians were stunned that this type of vast and set up empire could crumble so speedily. Once the scandal was created known, the share price of Parmalat during the Milan Stock Trade tumbled. Parmalat had sold itself credit-linked notes, in influence p

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These types rely on the assumption that asset selling price fluctuations are the results of a very well-behaved random or stochastic approach. That is why mainstream products (such as the renowned Black-Scholes design) use typical probabilistic distributions to explain rate movements. For all sensible applications, Severe versions is often overlook

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