PatentLibrarian: Patents and Wall Street
Forum » Resources / News picks » PatentLibrarian: Patents and Wall Street
Started by: zoobabzoobab
Date: 21 Sep 2008 17:04
Number of posts: 1
rss icon RSS: New posts
In some ways, innovation is to blame for the current U.S. financial crisis. During the past ten years the major players at the heart of the crisis--big Wall Street investment banks and financial companies--developed increasingly complicated and risky investment strategies based on the bundling and trading of mortgages. This has turned out to be a bust. Bankers have been pursuing other innovative strategies, as can be seen in a number of patents and published patent applications assigned to Wall Street firms.
New Post