Trust and verify | Tapscott offers radical solution for credit crisis


Don makes a terrific point here on the power of what he terms wikinomics, that comprises four principles: openness peering sharing act globally CNW Group | DON TAPSCOTT | Troubled financial markets need to embrace Wikinomics-style transparency says Don Tapscott “For example, investors should be able to “fly over” and “drill down” into a CDO’s underlying assets. With full data, they could readily graph the payment history, and correlate information such as employment histories, recent appreciation (or depreciation), location, neighborhood pricings, delinquency patterns, and recent neighborhood offer and sales activities. Now that AAA ratings have proved worthless, currently investors don’t … Continue reading Trust and verify | Tapscott offers radical solution for credit crisis