Duffie on speculative trading
…profit by changing the value of an investment. Duffie admits that speculation “is not necessarily harmless. If a large speculator does not have enough capital to cover potential losses, he…
…profit by changing the value of an investment. Duffie admits that speculation “is not necessarily harmless. If a large speculator does not have enough capital to cover potential losses, he…
…w’ and (b) that the multiplier in most cases is 1, and (c) the constant (e.g., signing bonus) can be assumed without loss of generality to be 0, (3b) AcceptOffer…
…lagged labor market effect. Sure, workers will be needed to address the recalls; but the the loss in hours stemming from a drop is sales is likely to be much…
…sees what many other commentators have seen–socialization of bank (i.e., manager and shareholder) losses, privatization of gains. Welfare for Wall Street, Free markets for the rest of us. Salon, Feb….
…which is the only thing that really has any prospect of creating (or preventing the loss of) jobs. It should be focused on innovative “green” solutions–inner city rail, etc. And…
…year 2009 on Thursday, compared to a €3.9bn loss in 2008. This, we would say, is a pretty impressive turnaround in anyone’s business…. Deutsche attributes much of that growth to…
…How large can the ratio of damage to losses be ? My answer is it can be infinite — that it is possible for irrational investing to destroy the financial…
…loss in the last 2 years based on tax evals is still 1.69 times more than my mortgages and I only have 15 or less years to go. We’re working…
…are down at a time when folks are struggling with foreclosures and loss of jobs and need more in social services, not less. Richardson, who will propose a new executive…
…and social assistance (4.0 million). …and… The largest decline among the detailed industries is expected to be in department stores, with a loss of 159,000 jobs, followed by manufacturers of…