Word: traded
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There is Champagne, France; Tequila, Mexico; and Parma, Italy - all places turned trade names known for their unique, high-quality foods. Now, if China has its way, there could be another: Puer...
...result, any perceived indifference to Honduras on Obama's part could sour his start and make it harder to engage the region on matters Washington cares about, like drugs and trade. Obama's predecessor, George W. Bush, who tacitly backed a failed coup attempt against Chávez in 2002, promised a new relationship with Latin America, but saw his free-trade plan for the hemisphere die and drug production soar. Now even moderate Latin leaders are decrying Washington's quiet efforts to use military bases in Colombia for U.S. antidrug operations; their pique will increase if they decide Honduras...
...heard of payment for order flow, right?" Madoff asked. "Huh?" I responded. Madoff explained that Bernard L. Madoff Investment Securities had pioneered the practice of paying customers to trade through it, thereby siphoning business away from the New York Stock Exchange (NYSE). The firm was able to use its sophisticated computer systems and trading algorithms to earn enough off the spreads between what it bought and sold stocks for to more than offset the amount it paid customers. (See the top 10 crooked CEOs...
...cartel is dead and has been replaced by a brutally competitive environment in which the price of trading has plunged. It's a market in which exchanges do constant battle over trading volume. The biggest volume generators at the moment are high-frequency trading firms you've never heard of - GETCO, founded a whopping 10 years ago, is the granddaddy - that try to get ahead of millisecond-by-millisecond price movements and take advantage of rebates paid by exchanges to those who create liquidity (that is, offer to buy or sell stock at a certain price and assume the market...
...Vocational-technical school a mile down Mass. Ave. 2. Where you can enroll in trade school courses (e.g., accounting for civil engineers, organometallic chemistry, etc.) that Harvard doesn’t offer. 3. Where you go if you want to join ROTC, but don’t tell any campus uber-liberals. Do tell The Salient (see The Salient...