Mikhail Bakunin the means, and so, in order to free the masses, they have first to be enslaved." However, Bakunin also wrote of meeting Marx in 1844: Bakunin found Marx's economic analysis very useful and began the job of translating "Das Kapital" into Russian. In turn Marx wrote of the rebels in the Dresden insurrection of 1848 that "In the Russian refugee Michael Bakunin they found a capable and cool headed leader." Marx wrote to Engels of meeting Bakunin in 1864 after his escape to Siberia saying "On the whole he is one of the few people whom I find not to
Financial Modelers' Manifesto extensively about the risks related to financial models for several years before the crisis; for example: Emanuel Derman in 1996: Paul Wilmott in 2000: 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