2007-12-04 — bloomberg.com
Day trader Richard Field in Needham, Massachusetts, says his patent for tracking medical invoices can be adapted for mortgage interest payments, helping banks better value securities derived from home loans and other receivables.
Hmmm... not sure if we'd trust a day trader to come up with a realistic valuation methodology that somehow includes things like predicting how much poorer Americans will get. More than anything else, that is the real "fundamentals" problem here.
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