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Through the split-strike conversion strategy, I promised to clients and prospective clients that client funds would be invested in a basket of common stocks within the Standard & Poor's 100 Index, a collection of the 100 largest publicly traded companies in terms of their market capitalization. I promised that I would select a basket of stocks that would closely mimic the price movements of the Standard & Poor's 100 Index. I promised that I would opportunistically time these purchases and would be out of the market intermittently, investing client funds during these periods in United States Government-issued securities...

Author: /time Magazine | Title: Bernard Madoff's Full Statement to U.S. District Court | 3/12/2009 | See Source »

...overnight money to 0%; the U.S. Fed managed that in 16 months following the beginning of the credit crisis in the summer of 2007. Japan - in desperate denial about the plight of proud companies - long delayed using public money to recapitalize banks. The U.S. starting doing so within a year of the crisis's start...

Author: /time Magazine | Title: The Lessons From Japan | 3/12/2009 | See Source »

...does actual matchmaking for companies. It's definitely a buyer's market. In early March, Mom Corps had 34,000 job hunters and 54 jobs; 10 til 2 reported a similarly scary ratio. How quickly employees are synched with employers - Mom Corps says most of its openings are filled within two weeks - hinges on factors like location and skill set. Think Excel is just a verb? Next in line, please...

Author: /time Magazine | Title: Hard Times Send 'Economoms' Back to the Job Market | 3/12/2009 | See Source »

...unveiled “Simply Cola,” their natural-sugar only soda. Snapple recently announced that they’ll be losing HFCS in favor of natural sugar. And just last week Pepsi announced that “Pepsi Natural,” will permanently populate shelves within the next few weeks. All this is a sharp reversal of the mindless use of high-fructose corn syrup that has been the case in this country since 1970. This movement also promises to be at least a little bit greener. The energy necessary to turn corn into corn syrup...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Becky Says, 'Say No to Soda' | 3/12/2009 | See Source »

...varkjallarinn (Seafood Cellar). Housed in the capital Reykjavík's oldest underground storeroom, which served as a stable in the late 18th century, the restaurant is known for its fusion of Asian flavors (think kaffir lime, star anise and yuzu) with fresh Icelandic fish, served within hours of being caught. The menu changes twice a month and recently included enticing entrées like a blue lingcod seasoned with red ginger, wasabi and shiso (a minty herb), and crispy salmon with soybeans, saffron and parsley. Other dishes, like a succulent barbecued lamb chop garnished with pecans...

Author: /time Magazine | Title: Reykjavík's Best Cellar | 3/11/2009 | See Source »

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