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...index's own movements - since the Chicago Board introduced them in 2006. What's more, niche hedge funds set up to wager on rising volatility - New York-based AM Investment Partners, for one - have outperformed the markets as well as conventional funds in recent weeks. If that seems a bit rich, it might be time to add some volatility to your portfolio...

Author: /time Magazine | Title: The Volatility Index: A Primer | 10/17/2008 | See Source »

...insured deposits in over 75 years. In terms of bank failures, we have dealt with a lot worse than this. During the S&L days, they were closing one bank a day for a while. As bad as things are, to some extent depository institutions have been a little bit insulated because there is a stronger system of regulation and capital standards...

Author: /time Magazine | Title: Q&A: The FDIC's Boss on Banks, Loans and Credit | 10/17/2008 | See Source »

...moments later when Katy Perry’s scary-ass entourage of similarly jilted brides begins to circle him, menacingly wielding baseball bats. The mascara-streaked faces and torn clothes are reminiscent of MJ’s “Thriller,” except these girls are a bit livelier. The emotional, “love bi-polar” brides are absolutely terrifying as they chase Alexander down an alley. I’m surprised the little boy didn’t start to cry. But please note, ladies: I do think that Katy Perry steals...

Author: By Brianne Corcoran, CONTRIBUTING WRITER | Title: POPSCREEN: Katy Perry | 10/17/2008 | See Source »

...last year.“Sprints finals were kind of an epic moment, just in terms of commitment to the race and how we felt afterwards,” he added. “I feel like it had the most anticipation—the Sprints heat was a bit shaky for us, and that’s really what made the final great.”The second freshman boat also had a successful season, going undefeated in its dual racing against other freshman boats and claiming another gold at Sprints. Three of its members?...

Author: By Alexandra C. Bell, CRIMSON STAFF WRITER | Title: Sopho-More Than You Can Handle | 10/17/2008 | See Source »

Iceland Cometh. The value of Iceland's krona has melted a bit. But if you have any cash left, there's a special being offered by IcelandAir. A round-trip ticket from Boston or New York to Reykjavik (a four-hour flight), plus three nights at the Hilton Reykjavik Nordica, Scandinanivan breakfast buffet included, costs $549. Book by Oct. 21 for travel through November...

Author: /time Magazine | Title: Travel News: Airports' Fast-Access Debuts at Sports Arenas | 10/17/2008 | See Source »

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