Nobel prize for economics goes to Merton and Scholes
Harvard’s Robert Merton and Stanford’s Myron Scholes share the Nobel in economics for the Black Scholes formula valuing derivatives. The method helped build a $70 trillion global market and underpins risk management in finance.
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New York
Britain
California
Orange County
Robert Merton
Harvard University
Myron Scholes
Stanford University
Royal Swedish Academy of Sciences
Robert Brusca
Nikko Securities International Inc
Frederic Mishkin
Columbia Business School
Mae
Avainash Dixit
Princeton University
U.S
Securi
Procter & Gamble
America
Scholes
Fischer Black
Merton
Greenwich
Conn
Stanford
Harvard Business School
Black
Harvard
Cholera Reported in Acapulco Amid Hurricane Pauline Aftermath
President Zedillo visited Acapulco’s hurricane damaged slums and vowed clean drinking water for thousands as cholera cases appeared. Health officials mobilize 25 brigades and mobile purification units while 67 shelters are managed by the army amid widespread displacement and fears of disease spread.
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Zedillo
Mexico
Ernesto Zedillo
Elizabeth Ramirez
Pauline
Alfonso Ares de Parga
Juan Ramon de la Fuente
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