When Your Holiday in Spain Gives Way to an STD (Soveriegn Transmitted Debt)…

And then this happened: Nobel Prize-winning economist Robert Engle played Mark Fiore’s satirical advertisement for a fictional pharmaceutical called ContagionEx—”sovereign transmitted debts don’t have to be embarrassing or keep you from other financial relationships”—at the end of a highly technical lecture on systemic risk today at the NYU/Moody’s Credit Risk Conference today. Heidi Moore says the wonks were nearly rolling in the aisles. The video is below.