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Notes

CHAPTER 1: THE GREAT STOCK MARKET MELTDOWN

1 Nancy Trejos, “Market Losses Take $2 Trillion Out of Retirement Savings,” The Washington Post, October 8, 2008, http://seattletimes.nwsource.com/html/nationworld/2008238709_retire08.html.

2 Bloomberg News, Saijel Kishan, “Hedge Funds Lost Record 18.3% as Managers Misjudged 2008 Market,” January 8, 2008, www.bloomberg.com.

3 Bloomberg News, Tomoko Yamazaki, “Hedge Funds Lost $350 Billion in 2008 Amid Global Market Rout, January 13, 2008, www.bloomberg.com.

4 Reported by the Associated Press on CNNMoney.com, November 12, 2008.

5 Ben S. Bernanke, National Association for Business Economics 50th Annual Meeting, Washington, D.C., October 7, 2008.

6 Ibid.

CHAPTER 2: INTRODUCING THE NEW TRADING PARADIGM

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