• As a callow bond-trader, fresh out of college, he participated in one of the greatest of them all, in Japan in 1986, when the yield on the ten-year benchmark Japanese government bond fell to 2.5%, the discount rate at the time.

    ECONOMIST: Buttonwood

  • Bank of America ( BAC - news - people ) aims its bank- card pitch at employers who buy them in bulk as staff gifts. (BofA declined to comment on whether employers receive a discount rate for buying scads of cards at a time.) There's no dormancy fee with BofA's product, but after nine months the cards become worthless, whatever the remaining balance is.

    FORBES: Holiday Shopping

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