Greenspan Warns Against Global Rules on Finance
Federal Reserve Chairman Alan Greenspan warned against imposing controls on daily global trading flows. He argued technology cannot be reversed and that market openness benefits developing nations by funding infrastructure and growth, urging use of tech to improve bank risk checks and statistics.
MENTIONED IN THIS ARTICLE
Ashington
Federal Reserve
Alan Greenspan
Greenspan
Cato Institute
Washington
Mexico
Mahathir Mohammad
George Soros
Mahathir
Nobel prize goes to Merton and Scholes for option work
Two American economists, Robert C. Merton and Myron S. Scholes, win the Nobel prize in economics for pioneering work on stock options and derivatives. The pair developed a valuation model used by traders, boosting 1990s markets. Scholes, emeritus at Stanford, and Merton, of Harvard, credit the formula with broad applications from bonds to mortgages and student loans.
MENTIONED IN THIS ARTICLE
Tockholm
Sweden
Robert C. Merton
Harvard University
Myron S. Scholes
Stanford University
Royal Swedish ‘Academy of Sciences
Avainash Dixit
Princeton
Merton
Cambridge
Mass
New York
Meee Tate
Oni
Monterey
Calif
Scholes
Stanford
Greenwich
Backers defend the Long EZ aircraft after Denver crash
SAN FRANCISCO AP Backers of the Long EZ home built plane defend the design despite a string of accidents. Canard Aviators says 61 accidents with 21 deaths occurred between 1983 and 1996. Wayne Wright of Canard Aviators praises the craft while noting pilot error and maintenance as contributing factors. Denver bought the 10 year old plane the day before the crash in Santa Maria and flew to Monterey.
MENTIONED IN THIS ARTICLE
San Francisco
John Denver
Denver
National Transportation Safety Board
Canard Aviators
Salisbury
Burt Rutan
Wayne Wright
Wright
Dick Knapinski
Experimental Aircraft Association
Oshkosh
Wis
NTSB
Rutan
Federal Aviation Administration
Man
Santa Maria
Calif
Monterey
George Petterson
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Thailand
Malaysia
Indonesia
Nobel
Artice
Ren
Charlie Gillum Associates
Suga
Mobil
Delvac
Mobilfluid
OIL, Inc
Ida
Ny On
Gepc
ONG Sey
Lowa
Law
Repo
Shawnee Mission Parkway
Tahee
Cass
Eile
Ion
Pao
Shenae
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