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 that 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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