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Until someone launches a futures contract linked to the Fed's balance sheet, the Fed and investors will struggle to read each other.
Investigators say a construction contract linked to the social service agency, using state money Ms. Davis had helped secure, was improperly steered to a group of local businessmen, in return for a kickback.
RMT union leader, Bob Crow, said: "It is clear that this franchise is being let on pure McNulty terms with a gold-plated, extended contract linked to massive cuts to jobs and passenger services and huge increases in fares as the winning FirstGroup looks to extract every penny that they can in profit".
Somehow, the final 30 seconds of trading on Tuesday left a key market barometer, a widely traded futures contract linked to the Standard & Poor's 500 index, priced at exactly 911.00 -- the figure that remained on traders' computer screens around the world throughout yesterday's memorial service.
For the banks it has been a goldmine, but for outsiders it is devilishly hard to know how much risk the new instruments entail.The cornerstone of the new market is the CDS, a form of insurance contract linked to underlying debt that protects the buyer in case of default.
A Boeing executive said on Saturday that the aviation company had no plans to reopen talks with a union representing workers in Washington State who rejected a labor contract linked to the company's newest jet, and he vowed the company would "look very broadly" at where else the airliner could be built.
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But what's important to understand is that the financial crisis was a full-scale assault on the longstanding social contract linking Americans with the financial system through their house.
Derivatives are financial contracts linked to the future value or status of the underlying asset.
In Asia gas is mainly bought and sold at prices set by contracts linked directly to (currently high) oil prices.
Investors expect a further 20% drop, judging by the prices of futures contracts linked to the Case-Shiller locity index.
A sweeping United Nations investigative report in 2005 alleged many kickbacks in the lucrative contracts linked to the program.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com