• Most notably, an update to Apple's mobile operating system left the phone's map, which replaces Google Maps as the phone's default travel tool, a spotty mess with lots of locations missing.

    CNN: iPhone 5: The wait is over

  • He decided to short the mortgage market, using a financial tool known as the credit-default swap, or C.

    NEWYORKER: The Sure Thing

  • Registered capital is the default metric for financial risk assessment here (a very poor tool, but it is what it is), and the government typically includes requirements related to industry experience in an attempt to raise the bar slightly for market entry, thereby keeping out the inexperienced tyros that would be likely to fail.

    FORBES: China Seeks To Rein In Online Payment Services

  • As I explain in this paper, credit derivatives are merely a financial tool that can be used by those exposed to credit risk, say a default by the Greek government or General Electric, to share that risk with others.

    FORBES: Credit Derivatives Don't Kill Countries, Politicians Do

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