September Madness: At Least Something Fun Comes Out of Crisis Written By: David Neubert 2008-10-01 15:24:08 The NCAA basketball tournament is one of the biggest events of the year on Wall Street. I've heard of millions changing hands buying and selling teams like stocks throughout the elimination rounds. Shorting is allowed as well as buying. Nearly all the trades are on credit (no money down). I've heard of floor brokers on the NYSE who only work one month a year as bookies for the Final Four. Millions of dollars change hands at settlement (after the tournament is over and a winner is determined). Nearly all of that is in cash.
According to TechCrunch this .jpg was reportedly created by Mark Slavonia at Sansome Partners.
Summer Driving Season Kickoff Video Written By: David Neubert 2008-05-25 00:00:00 Okay so I wrote about my actions at the 2008 Chevron shareholder meeting. Now for a little levity about gas prices on the first weekend of the summer driving season.
Disclosure: My car is sitting in a garage in Massachusetts. I haven't used it in more than a month. Thanks to Miranda Marquit's blog at AllBusiness.com for alerting me to the video.
