From the monthly archives:

August 2009

A state of emergency has been declared in California as an out of control wildfire spreads through the Los Angeles foothills. It has been reported that the fire “nearly doubled in size overnight” with total acreage burned amounting to 35,000. “These fires are still totally out of control,” California Gov. Schwarzenegger said at the fire’s [...]

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Storm Summary 6

by Emily Holbrook on August 28, 2009 · 0 comments

Welcome to the fifth “Storm Summary” post of the hurricane season. Each Friday from now until the official end of the season (November 30) I will post an update on past and present storms, like the following: NAME PEAK STATUS DATE LOCATION DAMAGE Ana TD 28-May Mid Atlantic  None  Blanca TS 7/6 to 7/8 East [...]

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ABA Warns of Fraud

by Emily Holbrook on August 27, 2009 · 0 comments

The American Bankers Association has issued a news release stating that an individual or group of people claiming to be a part of the ABA are sending out letters as a part of a fake check scam. The letters contain a phone number, which people must call to find out how to collect the prize [...]

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Playing the financial markets is risky, and playing with housing derivatives is even more risky, as we’ve seen. But what if there was an exchange-traded security for retail investors — a derivative, but one without the derivative stigma attached to it? That would be MacroShares, the brainchild of famed economists Robert Shiller and Karl Case. [...]

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