Communist League Communist League The Communist League ( "Bund der Kommunisten)" was an international political party established on June 1, 1847 in London, England. The organisation was formed through the merger of the League of the Just, headed by Karl Schapper and the Communist Correspondence Committee of Brussels, Belgium, in which Karl Marx and Friedrich Engels were the dominant personalities. The Communist League is regarded as the first Marxist political party and it was on behalf of this group that Marx and Engels wrote the "Communist Manifesto" late in 1847. The Communist League was formally disbanded in 1852, following the Cologne Communist
Financial Modelers' Manifesto Financial Modelers' Manifesto The Financial Modelers' Manifesto was a proposal for more responsibility in risk management and quantitative finance written by financial engineers Emanuel Derman and Paul Wilmott. The manifesto includes a Modelers' Hippocratic Oath. The structure of the Financial Modelers' Manifesto mirrors that of "The Communist Manifesto" of 1848. The Manifesto and Oath were written in response to the Financial crisis of 2007–2010 with the collapse of subprime mortgages. A shortened version was published in Business Week in December 2008 with the complete version appearing shortly afterwards; the full text is available here. Note that both authors had written