Rangers borrow money from MLB - MLB - Yahoo! Sports: "Major League Baseball within the last week loaned millions to Tom Hicks, the evidently cash-strapped owner of the Texas Rangers, and will continue to offer financial assistance to Hicks until he is able to sell the team.....The Rangers’ opening ... Read more

A simple rule: "In times of uncertainty, options (calls or puts due to Put call parity) have more value". A case in point:CO2 Traders Hedging Against Climate Laws, RNK Says (Update1) - Bloomberg.com:"Ken Schneider, an options trader at New York-based environmental hedge fund RNK, said investors are ... Read more

Well said. Jenkins: Too Bernanke To Fail? - WSJ.com: "The effort of congressmen to uphold the distinction between the public and private sectors is noble, and doomed to fail in this case. Last week's hearing reflected unmedicated unease over two facts legislators recognize but resist acknowledging: ... Read more

A really good video of Ken French on Dollar Cost Averaging. :Dollar Cost Averaging - Fama/French Forum: "Does it make sense to dollar cost average? It depends. Standard financial analysis says dollar cost averaging is suboptimal. If you focus on only your investment outcome, investing a lump sum imm ... Read more

Will talk about this after the workout, but since it has both Lance (Asrmstrong) and David (Becher) in it, it has to be a good article! Armstrong, ‘Celebrity’ Directors Targeted in SEC Rule (Update1) - Bloomberg.com: "Recruiting celebrity directors can bring benefits, such as helping a company b ... Read more

BTW I will fix the links and make it look better later....getting something online better than zero...Tweets of the Week!Lots of good ones this week. Take a look at some. Not in any real order. researchpuzzler RT @BrightScope: Steven Covey would be proud: The 7 habits of highly suspicious hedge fun ... Read more

Whether you believe markets are efficient or not, this one has something for you. It will be a definte "MUST read" for my students this coming semester. It is by Ed Glassnor of Harvard. No Such Thing as a Free Lunch, Revisited - Economix Blog - NYTimes.com: "The absence of arbitrage possibilities do ... Read more

Seems like everywhere we look we see another Behavioral Finance Story. This story (also in audio format) is from NPR:Using Psychology To Save You From Yourself : NPR:"...devotees of behavioral economics — a school of economic thought greatly influenced by psychological research — which argues th ... Read more

The following is John Carney's explanation of how he now believes the Community Reivestment Act if 1977 helped lead to the housing bubble.Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending: "Contrary to my initial conclusion, the evidence is overwhelming that the CRA p ... Read more