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Korea's Singing Highway
*science


written by messenger  | 3 days 14 hours 20 minutes ago | CH
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What would Super Mario Bros. look like on Atari 2600?
The title is still valid because ant correctly used the "Cavuto" punctuation mark at the end.


written by messenger  | 1 week 5 days ago | CH
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Minority Report OS - Finally here for real!
OS? GUI, maybe. Bit better than a mouse.

This is even less of an OS than Windows 3.1.

And yes, yes, I want one to play with.


written by messenger  | 2 weeks 5 days ago | CH
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Paddy Hirsch untangles Credit Default Swaps
The difference is that if you take out insurance against your stock dropping in value, your insurer only has to pay you (not every investor in that company) because only you are paying out the premiums to the insurance company. If the company chooses to insure several people who are invested in the same company, that's a risk they take, and it's calculated.

The analogy with all Mustang drivers doesn't hold because there's no foreseeable circumstance under which all Mustang drivers would suddenly crash at the same time. A better analogy would be if all the passengers in one airplane took out life insurance from a small insurance company, and the ratings agency was watching as that airplane slowly ran out of fuel over the ocean.

>> ^flechette:
I'm not a banker, or really excellent with money, but insuring stocks and bonds, even to other bankers, seems like a downright stupid idea, even before this great explanation. I understand how you can compare a car/driver insurance policy to a stock/business insurance policy, but there's one HUGE difference. When a driver has a wreck, it's a small amount of those cars that were involved. When a business fails (and it's stock) EVERYONE WHO HAD THAT STOCK crashes! It'd be like saying everyone who was driving a Ford Taurus had a wreck all at one time today! How in the world do you expect to cover that!?





written by messenger  | 3 weeks 4 days ago | CH
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Margin calls and the financial market's decline
Upvote the vid. Upvote the "wagdog" handle.


written by messenger  | 3 weeks 4 days ago | CH
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