Tag: derivatives
House of Sticks: Origin of Derivatives
January 24, 2014
One can trace the origin of derivatives, for the purpose of the future delivery of a product, to Mesopotamia circa 2000 BC. The actual trading…
House of Sticks: Another history repeats itself
January 10, 2014
By Kent Lyndon What do Orange County, California, Detroit, Michigan, and–yes, just a four hour drive from where you all live–Jefferson County, Alabama, have in…
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