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Traditionally, the VIX has been described as a "fear index": the higher the index, the greater the pessimism as investors fear market instability. Technically, it is a barometer of implied volatility over the next month, specifically calculated from options prices over the S&P 500's underlying stocks. Bearish put options, the right to sell a stock at a specified price in the future, generally dominate a high...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

Either way, if there was an extended downward move in equity prices, those who did not buy insurance would be in some trouble, but those who sold insurance too low would be in even greater financial peril...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

...pieces on view in the Sackler, however, may be at greater risk considering they are—to use Connor’s own phrase—accessible to the road. According to the same guard, none of the security staff within the museum, including his own supervisor, is armed, though they have a direct line to the Harvard University Police Department. “If there is a problem that might entail violence we’re supposed to use our radio and say, ‘Hey, let’s get the HUPD over here...

Author: By Antonia M.R. Peacocke, CRIMSON STAFF WRITER | Title: The Harvard Job | 9/11/2009 | See Source »

...normal “beginning-of-term insanity,” according to Stephanie H. Kenen, administrative director of the program in General Education. Administrators had not anticipated the number of juniors and seniors who have shown interest in graduating under Gen Ed in an attempt to gain greater flexibility in their scheduling. Given that all new Gen Ed classes have been engineered to fulfill a Core requirement, and that the 2008-2009 Harvard Student Handbook recommends that the Classes of 2010 and 2011 opt for the Core, more students had been expected to stick with the older program...

Author: By Benjamin M. Jaffe, CRIMSON STAFF WRITER | Title: Upperclassmen Flock to Gen Ed | 9/10/2009 | See Source »

...would argue that now is exactly the time where we need more volunteerism, not only because needs are greater, more people are hungry, more people are out of work, more people are falling through the cracks, but when I talk to young people, for example, I say to them now is the time to get experience - since you may not be able to find a job right away - get some experience doing some good for your country, and that will not only be in the interest of the people you help, but it's going to be in your self...

Author: /time Magazine | Title: Exclusive Interview: The Obamas on The Meaning of Public Service | 9/10/2009 | See Source »

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