How the Fed Helped Harley

Have you ever thought about how, every month or every week, businesses have money for paychecks? One answer is commercial paper. It is amazing that commercial paper is central to so much economic acti…

Preventing a 'Flash Crash'

Do you remember the ‘flash crash‘? On Thursday, May 6, for close to 20 minutes, markets everywhere wildly fluctuated.  It began at 2:23 when certain stock prices started moving oddly.…

The Ten Best Money Movies

From a Forbes.com, 2006 reader survey, the 10 best money movies: Wall Street (1987; 35% of votes) Trading Places (1983; 10% of votes) The Sting (1973; 6% of votes) Ocean’s Eleven (1960; 5% of vo…

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