On 12/25/06, Michael Perelman asked:
What is new, besides the scale of derivatives, is the proliferation of different forms [?]
the global market for them, along with their complexity. The Utah Jazz example says that the break-down of the wall between speculation and gambling has accelerated of late. -- Jim Devine / "In all recorded history there has not been one economist who has had to worry about where the next meal would come from." -- Peter Drucker. [With such advertising, my career choice was obvious.]
