Make my Day......GOV Blagojevich arrested.

[KrazyHorse]

Originally posted by TCO


borrow at the riskless rate. Buy the current asset. wait until future arrives. Cha chjing.

That only places one bound on us (note that there may be positive cost of carrying asset)

The other bound gets set by shorting. But if shorting isn't available there is no lower bound on futures price from arb arguments

[KrazyHorse]

Originally posted by TCO
BTRW, you still bever answered if it's really needed to ujnderstand the term conv yeild to make point you watned .

What was point I was making? I forget.

[Boris Godunov]

Originally posted by TCO
Just because they are from another time, does not make them ugly. They can be crisply beautiful.

Only an ugly person would say that.

*IGNORE*

[KrazyHorse]

If shorting unavailable (or it costs something) then we have (with 0 storage fees)

F0 < S0 * e^(rt)

But the other side

F0 > S0 *e^(rt) is NOT VALID DUE TO NO SHORTING

In real life we observe

F0 = S0 * e^[(r-c)t]

Where c is some numerical factor we throw in to make the number work out right. We call it the convenience yield (technically it is a function of time to maturity)

[KrazyHorse]

Wife now says we're going to gym at 8:30. Lazy woman.

[TCO]

Dude, I will sober and google conv yeild and then respond. I am not capable of discussion and you are not spoon feeding at simple enough level.

[TCO]

Go change or whatever. And give her a peck.

[Dinner]

If he's guilty then toss him in jail and throw away the key.

[Boris Godunov]

Originally posted by Oerdin
If he's guilty then toss him in jail and throw away the key.

Hey, he's just going to the gym. That's not a crime.

[Berzerker]

I'm amazed there aint more dirt on Obama,,, How in the hell did he come out of Chicago politics that clean? Bout the worst the McCain camp could come up with was some little land deal he made with Rezko's wife when buying a house. Nada!

[Boris Godunov]

Obviously given that he is the Anti-Christ, he has used his Satanic powers to cover up his many crimes.

[TCO]

He's Kenyan.

[Q Classic]

Whoa, no hate speech here. Keyans are not all Satanists.

[KrazyHorse]

Originally posted by Boris Godunov


Hey, he's just going to the gym. That's not a crime.

I'm back.

Ran 8 klicks on treadmill, then went to whole foods and bought apples and yoghurt (marinating some chicken breast in it).

[Boris Godunov]

So a Chicago news outlet put out a report today that it was Rahm Emmanuel who squealed on Blago. The story was that Blago called him directly to get Obama to play ball, and after the conversation Emmanuel promptly called Fitzgerald and told him what transpired. Emmanuel's spokesperson is denying this happened, but it's pretty amusing if it is true.