In The News







Barry Ritholtz: Not the Greeks, But Their Creditors Get Bailed Out

Says Barry: Ahhh, the Greeks! Long considered the cradle of Western civilization, Greece is the birthplace of democracy, the founders of Western philosophical thought. The Greeks invented the Olympic Games, literature, political science, and too numerous too enumerate scientific and mathematical principles. The first coin was minted there, as was the university education, and the […]


HFT Algos at it Again?

Predictions of crashes have little credibility with me. However, this one has some credibility. Zero-Hedge’s Tyler Durden (not his real name) thinks that a flash-crash of sorts could happen on Wall Street today or this week. He claims that yesterday’s bizarre options trades (honestly, I only understood some of what he was saying) by HFT […]








Worthelss Degrees from Universities of Fraud Cost You More than Traditional Colleges

Via Bloomberg: The average cost of attending a four- year for-profit college surpassed expenses at both U.S. state and private nonprofit universities, a government report found. Full-time students paid an average of $30,900 annually at the for-profit schools in the 2007-2008 academic year, almost double the $15,600 average paid at public universities, according to U.S. […]