Amusing Ourselves to Death: Public Discourse in the Age of by Neil Postman

By Neil Postman

Initially released in 1985, Neil Postman’s groundbreaking polemic in regards to the corrosive results of tv on our politics and public discourse has been hailed as a twenty-first-century publication released within the 20th century. Now, with tv joined via extra subtle digital media—from the net to cellphones to DVDs—it has taken on even larger value. a laugh Ourselves to demise is a prophetic examine what occurs while politics, journalism, schooling, or even faith turn into topic to the calls for of leisure. it's also a blueprint for regaining regulate of our media, so as to serve our optimum goals.

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However, trading volume as of May 2004 was so low that this contract will not be described in this chapter. 23 Shorting Using Futures and Options Single-Stock Futures Single-stock futures are equity futures in which the underlying is the stock of an individual company. These contract received approval for trading in 2001. 1 lists single-stock futures traded on both exchanges as of March 2004. 3 show the contract specification for the single-stock futures traded on OneChicago and NASDAQ Liffe, respectively.

At this time, $3,500 is the equity in the account. The maintenance margin for the two positions is $2,000 (the maintenance margin per contract of $4 multiplied by 500 contracts). The equity in the account may not fall below $2,000. If it does, the party whose equity falls below the maintenance margin must post additional margin, which is the variation margin. There are two things to note here. First, the variation margin must be in cash. Second, the amount of variation margin required is the amount needed to bring the equity up to the initial margin, not to the maintenance margin.

Options listed on an exchange). 4 Type of Option Obligations and Rights of the Parties to American Options Contracts Writer/Seller Obligation Buyer Right Call To sell the underlying Receive the Option to the buyer (at the option buyer’s option) at the price. strike price at or before the expiration date. Put To purchase the under- Receive the Option lying from the buyer option (at the buyer’s price. option) at the strike price at or before the expiration date. Obligation Right Pay the option price.

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