Big Deal? – CME Group: Options on Interest Rate Swap Futures coming – … These options on 5-Year, 7-Year, 10-Year and 30-Year Swap futures offer investment and risk managers—including asset managers, mortgage servicers, bank treasurers, money managers, and hedge funds—a vehicle for expressing views on swap rate volatility and for [...]

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  Where Housing Will Be in 2012 – Home prices are likely to fall for the next year, then stabilize, with a rebound in 2012 as the overall economy takes off again -  By Peter Coy, Mara Der Hovanesian, Christopher Palmeri, Amy S. Choi and Tara Kalwarski – BusinessWeek [...]

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Smith climbs to the top of Mt. Sinai to get close enough to talk to God. Looking up, he asks the Lord, “God, what does a million years mean to you?”
The Lord replies, “A minute.”
Smith asks, “And what does a million dollars mean to you?”
The Lord replies, “A penny.”
Smith asks, “Can I have a penny?”
The [...]

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KANSAS CITY, MO — My participation at the inaugural Financial Policy Conference held at the Federal Reserve Bank of Kansas City Friday (June 19) came both as a speaker and an attendee. The fact that organizers wanted the covered bonds angle to be represented is another sign that the topic remains on the public [...]

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