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| Credit-Default Swaps and Their Ilk -- Do We Need Them? (Nightly Business Report) |
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Oh, what a blessed day! Now you can bet on box office success. Legally! That's right: a Wall Street firm called Cantor Futures Exchange is setting up a system for betting on whether a new movie will be a hit or a flop, the same way traders bet on the future price of corn, sow bellies or aluminum. You buy a $100 contract and if the flick makes $150 million in the first few weeks, you get $150 .... More.
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| Schoesler concerned for farms (Columbia Basin Herald) |
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OLYMPIA — Sen. Mark Schoesler, R-Ritzville, spoke out against the state operating budget presented by the Senate due to its affects on agriculture. “It’s like declaring war on agriculture,” stated Schoesler. “Every farmer, every orchardist, every person that grows our food will pay more.. More.
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| Biggest Rally in 76 Years Not Dead as Seers See Gains (Update1) (Bloomberg) |
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March 11 (Bloomberg) -- Laszlo Birinyi will never forget the moment a year ago when the last ounce of confidence disappeared. Everyone from billionaire Warren Buffett to New York University Professor Nouriel Roubini was convinced that the economy was in a free-fall, that exploding deficits would devastate the dollar and that home prices were heading down as much as 20 percent.. More.
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