Newsvandal

Econ 101: Put Options

Put Options (see article below). I read last week in the NY Times that there is a put option available to managers of large investment funds that allowed some to place bets as far back as two years ago…bets┬áthat mortgage securities would fall precipitously. Some, like the dude profiled for the article, made huge profits [...]

Extra, Extra…Read All About It!

This headline grabbed my attention. It’s an amazing story of a true American. Note the classic characteristics in boldface of, like I said, a true American. Near-Vegetative Man Partially Recovers from Brain Injury, Recites Pledge of Allegiance Terry Wallis of Arkansas lingered in a minimally conscious state for almost 20 years before he suddenly regained [...]


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