Derivatives - or what could possibly go wrong?

By: FLwolverine, 7:39 PM GMT on February 06, 2014

Over on Birthmark's blog, our friend tramp said no one had ever explained "derivatives" to him in a satisfactory manner. Since this is something I do know about - as opposed to weather, where I am a mere beginner - I thought I would give a try.

Derivatives are a type of security instrument - like the promissory note you sign when you buy a car or a house or a washing machine and promise to pay for them in installments. In those cases, your promise to p...

Finance

Updated: 8:03 PM GMT on February 06, 2014

Michigan Emergency Manager Laws - more than you ever wanted to know!

By: FLwolverine, 3:43 AM GMT on July 26, 2013

I apologize for the length of this post, but sometimes ……..

Some posters (including me) commented on Dr Rood’s blog of July 1, 2013, about the City of Detroit bankruptcy, starting at #507. Then this conversation started:

(Naga and yoboi, I did leave out a few sentences in your comments that referred to other things, but I am trying to quote you accurately. I thought it would be most accurate if I quoted you at length. if there’s any...

A Pause in the Action

By: FLwolverine, 2:02 AM GMT on April 23, 2013

I hope we can have a conversation about the warming ocean on this blog - the questions and answers at the end of the last post are a place to start. Obviously I have a lot to learn. When I started reading WU blogs, I didn't realize I would end up doing so much research!

But first I'm going out to Santa Fe for a week - 75% business, 25% tourist. I'll be checking in on all the blogs I follow here (the iPad is a wonderful thing), but no heavy duty compute...

A Modest Proposal

By: FLwolverine, 11:51 PM GMT on April 19, 2013

I went to Dr Rood's blog to learn about climate change, not to play games. Since Thursday's night's troll-fest did not result in any bans - or even any cautionary posts from the mods - I figure that blog is a hopeless case.

But since I've learned so much from the members posting on that blog, I've been hesitant to leave altogether. On the other hand, a lot of the people who used to post haven't done so in awhile. I know people get busy, but some of the...

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About FLwolverine

UMich grad; retired attorney; lives in Michigan, spends time in Florida.

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