Rattlesnakes and risk
There’s an old saying in the news industry. Something like dog bites man isn’t news, but man bites dog, now that’s news. I couldn’t help but think of it when reading this trivial story of a Wal-Mart shopper being bit by a rattlesnake in the garden section of the store. Brush away what you think is a stick and lo and behold, there’s a rattler attached to your hand....
Read MoreBring me the head of Jon Corzine
MF Global went bankrupt on Halloween and six weeks later, no one knows nothing. Well, not exactly. We know the firm’s segregated funds weren’t so segregated after all. Maybe $600 million. Probably closer to $1.2 billion. Definitely no surprise if it turns out to be an even greater amount. We know confidence in the futures trading industry is pretty well shot. We know Jon...
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