“I think you should investigate mutual funds,” said a clearly nervous female voice. The anonymous phone message, left with a staff lawyer for New York Attorney General Eliot L. Spitzer, touched off an intense investigation of the mutual fund industry in the summer of 2003. Spitzer, the ambitious prosecutor who had just nailed Wall Street [...]
The price of commodities have risen sharply over the past few years. As we know, coins circulated through the ages have been made from various base metals such as copper, zinc and nickel. Cheaper metals are used to mint new coins as the intrinsic value of the old coins start to exceed their nominal values. [...]
I found the following three questions from an article in the April 2006 issue of Smartmoney rather interesting: 1) A bat and a ball cost $1.10 in total. The bat costs $1 more than the ball. How much does the ball cost? 2) If it takes five machines five minutes to make five widgets, how [...]
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