I read that some or most of those folks who created the complex formulas used to create and evaluate those "complex derivatives" have backgrounds in mathematical physics. The Big Bang theory itself is a "complex derivative" based on the slimmest of empirical data and one big assumption about the signficance of the Doppler redshift. That suggests that maybe the Big Bang theory itself is a "toxic asset" in the world of cosmological (as opposed to financial) speculation.
(In the world of astronomy, anti-Big Bangism has approximately the same cachet that global warming denial and creationism does elsewhere in science, but I'm with the cranks on this one...I believe in evolution and that global warming is highly real, but the Big Bang theory is just not pretty enough to be true...)
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