Money Equation

Letter: Take money out of drilling equationFrances and Philip Hollenbeck have been married almost 53 years. - 11:39 pm WASHINGTON -- The onerous Alternative Minimum Tax that can affect families earning $100,000 or less...Elmira Star-Gazette - Feb 13 09:13pm
The mathematical equation that caused the banks to crashThe Black-Scholes equation was the mathematical justification for the trading that plunged the world's banks into catastrophe It was the holy grail of investors. The Black-Scholes equation , brainchild of economists Fischer Black and Myron Scholes, provided a rational way to price a financial contract when it still had time to run. It was like buying or selling a bet on a horse, halfway through ...Guardian Unlimited - Feb 13 08:38am
The Little Equation at the Heart of the Economic Collapse [Economics]# economics When the global financial markets began to collapse in 2007, everybody turned on the banks and bankers — and they haven't stopped since. But one of the culprits was a humble piece of mathematics: the Black-Scholes equation . More »Gizmodo - Feb 13 09:23am
Obama eyes more money for China trade enforcementWASHINGTON (Reuters) - President Barack Obama, on the eve of a high-level Chinese visit to the United States, proposed $26 million in new funding to make sure China and other countries play by the rules of international trade. "This is designed to increase our capacity to bring additional trade cases that will level the playing field against countries around the world, including China," White ...Reuters via Yahoo! News - Feb 13 01:00pm

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