Word: predictioneer
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For 17 years, Scott Swanay ’87 made a living predicting the future.No, the tools of his trade weren’t decks of cards, crystal balls, or maps of stars and constellations.Swanay worked as an actuary for insurance companies, and armed with spreadsheets, formulas, and a degree...
A month on, though, and the joke's looking less funny and more like an accurate prediction. Ireland's banks are edging ever closer to the brink of meltdown, and some analysts say six months looks a little too generous.
Last year, the omnipresent economist, Nouriel Roubini, told Barron's that 1,400 banks would fail during the current economic crisis. Investment bank RBC Capital puts the figure at 1,000. Since there is no way to know how large the deposits at any of these institutions are, the amount...
Our prediction, on a scale of 0 to Facebook: .0005
Last month, Obie guessed that his Ponzi caseload would hit about one per month, but he later increased that prediction to two a month. With six such cases in the first 45 days of the year, it looks to be an easy target to hit.