The Tube Man And A Million Dollar Lesson in Credit Risk

The following is another story as originally posted over at “Where Is Beeks?“, a new venture from our friend Kevin Muir, who writes the popular “Macro Tourist” daily letter. As a reminder, these are stories from a time when trading was done by carbon-based lifeforms (i.e. humans), as opposed to T-800s that may or may not become self-aware and kill us all one day in a fit of flash crashing madness. Via WIB, by David von Leib and republished here with permission My dad passed away las