After the next few days, the name Sandy will survive in the lexicon of the American language as one of the worst storms on record that battered the Eastern United States. No longer will Sandy be remembered mainly as an early Bruce Springsteen song, but rather as a storm that closed the federal government; forced the evacuation of lower Manhattan; shut down the New York Stock Exchange (NYX), the Nasdaq (NDAQ) and millions of other businesses; resulted in lost power at millions of homes and businesses from Virginia to Vermont; caused billions of dollars in damages — up to $20 billion, according to Kinetic Analysis Corp.; and cut into weekly paychecks for hourly wage employees.
Click here to continue reading this article for Chris Versace on Forbes.com
This content is for paid subscribers only. To gain access subscribe to one of our…
It is hard to find a seasoned investor who doesn’t believe the stock market is…
No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…
The Options Industry Council is a resource used to educate investors about the benefits and…
The put-call parity is the relationship that exists between put and call prices of the…
“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…