Bloomberg.com: About 33,300 finance jobs in New York City, or 7.1 percent of the 2007 peak, will be cut by June 2009, the Independent Budget Office, a non-partisan monitor of city finances, estimated in a May report.

Heard of CDBaby.com . If you are music fan, you would have ..Here are a few stats which make the site real cool : ($84 M of real value to the artists..wow!!) # 244,574 artists sell their music at CD Baby # 4,606,776 CDs sold online to customers # $84,085,098 paid directly to the artists Something interesting on their site -:) # Our servers are running Linux, Apache, PHP, and MySQL.

Theta: Do American Options have positive theta /time decay ? If Yes , Why ? If No, Why not ? Related question: Give an example of a situation where you have postive time decay in european case ?

I have a problem with Ruby. It is a great language , extremely good for fast prototyping. However this is not the language I use it daily. However, there are times when I have to use ruby where the effort of doing something in a different language is not worth it. My problem stems from the fact that I forget the syntax as I don’t use it regularly. In the last 1 year , I would have probably worked on 4 RoR mini-projects and in every instance I had to pain stakingly go through and review the syntax .

The trading strategy that I have been trying to back test does very badly in one fortnight. Huge drawdown! Have been trying to figure out an answer to the question ? why? Hoping to find an answer soon.